This book addresses the conflicting claims of scholars concerning the growth performance and socioeconomic consequences of the creative economy and class. Policies for the cultural economy are increasingly prominent within planning, development and place-marketing programs, requiring large resource commitments, but producing highly uneven results. New cultural economy is reshaping urban labour, housing and property markets, contributing to gentrification and to 'precarious employment' formation, as well as to broadly favorable outcomes, such as community regeneration and urban vitality. This book acknowledges the important growth dynamics and sustainability of key creative industries, including the resiliency of the cultural market during the recent deep recession, while underscoring more problematic features.
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Thomas A. Hutton is Professor of Urban Studies and City Planning in the Centre for Human Settlements, School of Community and Regional Planning, University of British Columbia, Canada. His research interests include new industry formation in the inner city and the role of service industries in urban transformation within the Asia-Pacific.
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