The purpose of this essay is to elaborate on the various aspects of the term that is commonly known as the ‘creative class.’ The emergence of the creative class has been an essential component of the economy today, especially in the global financial crisis of 2008-09. The…
Pondering over the market strategies adopted by this class, the paper also institutes the notions of the creative class namely brain drain and brain gain. In short, the paper, quoting examples, determines the validity of the claim that the creative class is mandatory for economic planning and development.
Over the last few centuries, the world has prospered in many ways. The advancement in science and technology is responsible for all the development that has taken place across the globe. However, despite the era of technology and enlightenment, there are certain things that remain the same. One such thing in the social structure of an economy is the class. (Bonanni, 2004)
The term ‘class’ is a very interesting one as it is often used to refer to a group of individuals who possess the economic influence and leverage over a certain number of people. Class, still being a part of the social structure, is a huge determinant of economic planning and development. In fact the last decade has seen a lot of theoretical work on the effect of a certain class on the development of a particular market in an economy. In the past decade, most analysts have pondered over the relationship of creativity (more appropriately the creative class) and economic development. (Atkinson, 2009) For most commentators, the explanation of economic development through the concept of creativity is a tired formula which does not really help achieve any appropriate results. (Peck, 2005) For others however, the idea of an economy that is based on skills and services is a creative one, an idea that has affected the ground rules for achieving economic development. This in turn has affected how many cities and urban centres (that are economic hubs) have sought to manage their economic policies with a special focus on the arts, culture and other place based characteristics in order to make the cities a better place to live ...
Cite this document
(“The Creative Class; Importance of Economic Development and Planning Research Paper”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/408597-the-creative-class-importance-of-economic-development-and-planning
(The Creative Class; Importance of Economic Development and Planning Research Paper)
“The Creative Class; Importance of Economic Development and Planning Research Paper”, n.d. https://studentshare.net/miscellaneous/408597-the-creative-class-importance-of-economic-development-and-planning.
The level of economic development is usually observed in different areas or segments that include business productivity and employment among others. In this similar concern, it is mainly considered to improve human welfare activities and most significantly to minimize the significant problem of poverty.
Budgetary growth can basically be demarcated as an increment in living conditions and change of the resident’s self regard, therefore resulting to a simple and unlimited public order. Economic development is a general outlook that involves the development of the human capital, an increase in the literacy ratio, improved health standards conditions and infrastructural development that results to an improvement in the general welfare of a particular society.
The main focus of the organization is on the macroeconomic policies of the country and also helps in correcting discrepancies in the balance of payment of the country. The support provided by IMF through the issue of Special Drawing Rights to the member nations have helped in achieving economic development of countries through the maintenance of stability in the economy.
Why Control Development?
Local social, political and economic structures and beliefs are likely to influence the principles of urban planning within international community. Thus, the explanation of failures of urban planning can be a challenging task. However, it has been proved that the use of certain frameworks and schemes can help towards the improvement of the performance of urban planning even if the characteristics of the above process are not fully explored – a task that would require a significant amount of time.
Apart from donations, the National Red Cross and Red Crescent Societies, the affiliates of the International Federation of Red Cross and Red Crescent Societies involved in protecting people affected by internal violence and wars internationally are exploring various options including business opportunities for augmenting the resources.
an planning is a diverse activity in scope that primarily deals with designing urban environments through control and monitoring of land use in urban areas (Levy 243). Social, economic and political factors are integral to urban planning. An effective economic development-urban
Economic growth results from the increased production and consumption of a country’s goods and services. Should these goods and services be of the right kind, they benefit the people and thus improve their quality of life and economy. However, economic growth does not necessarily lead to economic development
The paper concludes with an evaluation of the effectiveness of succession planning methods and a conclusion of their impact to soccer team
Associazione Calcio Milan is popular as A.C. Milan. The soccer club is a
It has been able to experience a Gross Domestic Product (GDP) of around 10 percent every year and this has enabled many people in the economy to shift from their poverty levels. It has an estimated population of 1.3 billion people and its
10 Pages(2500 words)Research Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Research Paper on topic The Creative Class; Importance of Economic Development and Planning for FREE!