CULTURE IS A TOOL FOR TURNING WEALTH INTO WELFARE
Journal Title: Проблеми системного підходу в економіці - Year 2017, Vol 6, Issue 62
Abstract
Culture, sustainability, and sustainable development are complicated concepts that are not always easy for scientists, policymakers or practitioners to grasp or apply. Without a doubt, there is a connection between a country’s wealth and economic growth and improvements to its overall well-being. In the article, there are explored some aspects of the transformation of wealth into welfare. There is analysed the model of Sustainable Economic Development Assessment as a proprietary diagnostic tool that gives countries insight into their overall social and economic conditions. SEDA was proposed by the Boston Consulting Group and based on ten factors of socioeconomic development, which are divided into three groups: investment, economy and stability factors. The presence of culture and cultural industry in all three groups is emphasized. The concept of “soft” infrastructure and the dynamics of the ratio of tangible and intangible assets are analyzed. The role and significance of culture and cultural industries in the development and implementation of sustainable development strategies are identified. Three main directions for determining the role of culture in the system of sustainable development are analyzed. It is emphasized that the integration of culture in politics and the target development programs contributes to their effectiveness and sustainability. Systematically integrating cultural specificities in the conception, measurement, and practice of development is imperative as it ensures the involvement of the local population and a desirable outcome of development efforts. Culture as a sector of activity – including tangible and intangible heritage and the creative industries – is in itself a powerful driver of development, with community-wide social, economic, and environmental impacts.
Authors and Affiliations
M. O. Proskurina
Keywords
Related Articles
- EP ID EP634749
- DOI -
- Views 131
- Downloads 0
REGULATORY SUPPORT OF THE DEVELOPMENT OF CLUSTER MODEL FOR ENTREPRENEURIAL ACTIVITY: WORLD EXPERIENCE AND UKRAINIAN REALITIES
In the paper on the basis of the generalization of the world experience of entrepreneurial activity regulation in cluster structures substantiated the strategic importance of clusters as an organizational form of entrepr...
PROBLEMS IN ECONOMIC COOPERATION EU – USA AND EU – CHINA
The article deals with the main tendencies and current realities of economic cooperation between the EU-USA and the EU-China. The approaches to the definition of prospects and opportunities for the development of relatio...
THE MODERN STATE OF THE STATE FINANCIAL CONTROL AND THE WAYS OF IMPROVING THE EFFICIENCY OF ITS DEVELOPMENT
The current state and efficiency of the existing state control bodies, which mainly depend on the quality and perfection of the regulatory and legislative framework, require additional research. Therefore, this article i...
MARKETING APPROACH TO MANAGEMENT OF MANUFACTURING ENTERPRISES
The article substantiates the necessity of using a marketing approach to the management of the activity of production enterprises and finding new ways in forming the corresponding organizational structures. The marketing...
BUDGET DECENTRALIZATION AS A FACTOR OF REGIONAL DEVELOPMENT (ON THE EXAMPLE OF THE SUMY AREA)
The article discusses the essence of budget decentralization as a factor of regional development. The implementation of decentralization can cause an expansion of authorities for local government and also be expected to...