Cultural and Economic Interaction: Trends in Employment and Business of Cultural Organizations in the EU

Abstract

In conditions of economic instability the approach based on the study of the relationship between culture and economy gains particular importance. The article considers the problem of dependence on the previous development of the economy - the path dependence problem. Most scientific studies on the issue of successful development, social and economic breakthroughs, and well-being of a country are based on the concepts of economic growth, democratization of the system, and liberalization of the economic regime. However, studies of the dynamics of world statistical data for various countries over a very long period refute the validity of existing hypotheses. In order to achieve social and economic progress and consolidate the successful development of the country, the problem of the interconnection of culture and the economy is put forward. The article gives some analytical conclusions on employment and business trends in the EU culture organizations. The purpose of the article is to put forward the problem of the interaction between culture and the country's economic development, as a way for securing successful economic development for the long term and to assess the impact of cultural indicators on economic growth indicators. Key words: Interaction of culture and economy, dependence on the path of previous development, path dependence problem, employment trends in the field of culture of the EU countries, entrepreneurship in the field of culture, added value in the culture sector in the EU countries by type of activity.