3 Review(s)

First published in 1999, this book goes beyond the standard economic tools used to evaluate the effectiveness of arts in redevelopment processes. It assumes that the sectors involved in the process of arts-led community revitalization (artists, non-profit organizations, government and for-profit firms) act upon the economic structure and initiate a resurgence path. This assumption allows us to study the political and economic interaction among these sectors, understand their incentives and define and explore their boundaries. This book explores the 1) cultural and regeneration reasons for revitalization; 2) sources of funds; 3) political interaction; 4) definition and estimation of output; 5) evaluation of output; 6) estimation of coefficients and multipliers effects obtained from input-output tables.