New Book Spotlights Creative Economy Revival Prospects, Development Implications

ADBI News Release | 28 June 2022

Tokyo, Japan – A new ADBI Press book discusses the creative economy outlook and its potential to boost small firms and vulnerable groups that drive the sector vital to sustainable development in Asia and the Pacific but hard hit by COVID-19 disruptions.

Creative Economy 2030: Imagining and Delivering a Robust, Creative, Inclusive, and Sustainable Recovery provides the Group of 20 (G20) and global partners a timely roadmap for reviving the creative economy, which intersects art, culture, technology, and business. The sector is also a major source of micro, small, and medium-sized enterprise growth and employment for women and youth in rural and urban areas.

Coedited by ADBI Dean Tetsushi Sonobe and Deputy Dean Seungju Baek, and other experts, the book examines policy imperatives for adapting the creative economy to post-pandemic conditions and focuses on leveraging digital innovation and market growth.

It features cross-disciplinary institutional and community perspectives, original case studies, and a special look at Indonesia as a global creative economy hub and G20 2022 president. It also explains how a creative economy rebound could open economic opportunities for more people and advance the United Nations’ 2030 Sustainable Development Goals.

Creative Economy 2030 was produced with support from the Association of Southeast Asian Nations (ASEAN) Secretariat; Institute for Economic and Social Research – Faculty of Economics and Business, University of Indonesia; Indian Council for Research on International Economic Relations; and British Council.

The book is an invaluable resource for policy makers, researchers, and others interested in the creative economy and rebuilding its capacity to support inclusive and sustainable development in Asia and the Pacific and beyond after the COVID-19 pandemic.