Outline

Introduction

Roles of music in tourism

How music colleges contribute to economic develop

Music colleges and job creation

Discussion

Musician as representative of culture

Global music industry

Music and job creation in Korea

Music and job creation in Mali

Music as a concept of trade flow

Conclusion

Music colleges indirectly create jobs

Introduction

Global development is entering a phase where entrepreneurship will increasingly play a more important role. Music colleges produce musician who are the real entrepreneurs. Nowadays, knowledge-driven goods and services are now more flexibly provided by smaller firms, and the emergence of a creative class requires a less interfering but more facilitating state.

"Mozart is Mozart because of his music and not because he created a tourist industry in Salzburg.... Picasso is important because he taught a century new ways of looking at objects and not because his paintings in the Bilbao Guggenheim Museum are regenerating an otherwise derelict northern Spanish port....." (Boyer 109).

Therefore, Music College plays an important role in economic development and creating jobs. With music, foreigners came to know about the culture and values of the nation, which in turn create the tourist industry.

Discussion

Music is one of the fundamental forms of human expression and an essential element of local culture, regional, national and international levels. At the same time, music is an important asset in economic terms is a significant part of the budget devoted to leisure consumers, provides a livelihood for countless workers involved in production and distribution is a key component in each increasingly globalized media industries and communications (Florida 45). This paper examines the structure and size of the global music industry, with particular emphasis on international trade and the role of music as a factor of economic development (i.e., job creation).

Music collages enhance the capabilities of a nation to attract other people (foreigners) and create tourist industry, which in turn will support the economy and create more jobs for the nation. South Korea's popular music (K-pop) has the potential to become a new economic growth engine, by fueling exports and improving the country's overall image abroad. According to a report by the Hyundai Research Institute (HRI), K-pop has moved beyond Asia and started to make inroads into Europe and North America, which is generating positive publicity and may translate into more exports down the road (Albarran 5).

The music industry in Mali generates more income than other sectors that are heavily supported by the State," Cheick Oumar Sissoko, former Minister of Culture of Mali and a major figure in African cinema told capacity4dev.eu. "It shows that culture is an excellent factor in economic development because it offers opportunities to develop cultural industries and create jobs." (Beck 2)

Mr Sissoko mentioned a study released in 2000 by the United Nations Conference on Trade and Development (UNCTAD) stating that the music industry in Mali accounted at the time for between two and four percent of Mali's gross national product. However, it is worth highlighting that these statistics are 11 years old and cannot give an accurate picture of the importance of the music industry in Mali today.

Support to culture will ...