Defining a Creative Economy

Despite allegations of short-term interests behind the recent cabinet reshuffle, the newly created tourism and creative economy ministerial post given to former trade minister Mari Pangestu should aim at long-term goals. Mari explained that the creative economy sector in Indonesia contributed about Rp 140 trillion (US$15.73 billion) to the state and thus the sector should be seriously managed.

People on streets will most likely be confused by the term “creative economy”. Does it refer to an economy where people turn their occupations into becoming a writer, painter or musician? Read more here.