The Creative Economy Outlook 2024 report analyzes the growth and impact of the creative economy, emphasizing digitalization, artificial intelligence, competition, and sustainability. It highlights significant contributions to global GDP and employment while addressing challenges and opportunities for future development.
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Quick Facts | |
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Report location: | source PDF |
Publication date: | 2024 |
Language: | English |
Publisher: | United Nations |
Authors: | Amanda Flávio De Oliveira, André Ferraz, Bruno Antunes, Ebru Gokce-dessemond, Federico Manto, Katalin Bokor, Miho Shirotori, Marisa Henderson |
Geographic focus: | Global |
The research method involved a comprehensive review of existing literature, data collection from UNCTAD's 2024 survey on the creative economy, and analysis of trends in creative industries. It utilized statistical data and case studies to assess the economic impact and challenges faced by the creative economy globally.
(Generated with the help of GPT-4)
The Creative Economy Outlook 2024 report by the United Nations Conference on Trade and Development (UNCTAD) provides a comprehensive analysis of the creative economy's growth, trends, and challenges. It emphasizes the sector's significant contributions to global GDP and employment, with creative industries generating nearly $2.3 trillion in annual revenues and accounting for 3.1% of global GDP. The report highlights the increasing importance of digitalization and artificial intelligence in transforming creative industries, enabling new business models and enhancing efficiency. However, it also raises concerns about market concentration, competition, and the potential for monopolization. The report underscores the need for inclusive practices and sustainable business strategies to address environmental impacts and promote social equity. It outlines the varying contributions of creative sectors across different countries, particularly in developing economies, and emphasizes the role of government policies in supporting the creative economy. The report concludes with recommendations for enhancing data collection, fostering international cooperation, and adapting regulatory frameworks to better support the evolving creative landscape.
(Generated with the help of GPT-4)