Public Investment

Government investment in the cultural and creative sectors generates an important multiplier in the economy, and it its value as a contribution to the intangible heritage of the regions is undeniable. This sector contributes to employment, generates tax revenues and high value-added products and services that horizontally joins other sectors such as tourism, gastronomy or even other less obvious sectors such as manufacturing.

Art and culture also have the capacity to generate identity in marginalized communities and promote scaling up and social inclusion. The transmission of practices, knowledge and cognitive and socio-emotional skills, related to this sector, become an educational dynamic that provides opportunities for economic and personal improvement to its participants. This undoubtedly justifies public investment because of the positive effects they have on community development.

Another important component in relation to public investment is distributive justice and facilitating access to infrastructure and cultural and creative resources in general. Within these considerations, the preservation of cultural assets for future generations must be taken into account. A fundamental element in sustainability, starting with public investment, is the access of producers to markets and entry barriers, but it is also desirable to integrate into this category the access of consumers to products and services.