This page offers a schema of measurable outcomes of cultural engagement in the economic domain. It should be read in conjunction with the pages on measurable outcomes in the cultural, social, governance and environmental domains.
The importance of culture as a factor in the creation of wealth and economic development is recognised by UCLG (2006).
These outcomes are currently in draft form and are being refined as we examine more theory and research and consult economic policy experts. In the meantime, we recommend that those seeking to evaluate the economic outcomes of their cultural activities use measures from their own organisation’s strategic documents or requirements of funding agencies.