The Cultural Trade Index : An Introduction
The Cultural Trade Index aims to shed light on cultural trade and stimulate interest in how this little-known area can contribute to economic diversification, boost shared prosperity, and reduce extreme poverty. As the first index of its kind, the...
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Format: | Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016
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Online Access: | http://documents.worldbank.org/curated/en/2016/10/26884454/cultural-trade-index-introduction http://hdl.handle.net/10986/25318 |
Summary: | The Cultural Trade Index aims to shed
light on cultural trade and stimulate interest in how this
little-known area can contribute to economic
diversification, boost shared prosperity, and reduce extreme
poverty. As the first index of its kind, the Cultural Trade
Index would gather cultural trade data scattered across
different sources, place them in one place, and show how
countries are performing. The key objective is to help
inform decision making to advance cultural trade for
development. Since culture is not restricted to monetary
gain, a Cultural Exchange Index could also be created to
complement the Cultural Trade Index. The Cultural Exchange
Index would rank countries according to their participation
in international cultural exchanges. Comprehensive research
efforts would be needed for these ideas to make meaningful
contributions to cultural trade and development policy. |
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