Brazil and England discuss the economics of creativity

04/04/2006 - 22h57

Ana Larissa Albuquerque
Agência Brasil

Brasília - Minister of Culture, Gilberto Gil, and the deputy minister of Foreign Relations of the United Kingdom, David Triesman, met in London on Tuesday (April 4) to discuss the establishment of an International Center for the Creative Economy. Among other things, the center would provide scholarships for studies in the area of the economics of creativity.

According to Ministry of Culture spokespersons, the creative industry produces goods and services based on texts, symbols and images. It is a unique area where creative talent goes hand in hand with advanced cutting edge technology. Its principle areas of activity are music, audio-visual (films and TV), software, videogames, publications and radio broadcasting.

The World Bank says that fully 7% of world GDP comes from the creative sector, and that it is a growth sector that should increase its share to 10% of world GDP within a few years.

Translation: Allen Bennett