ANALYSIS OF THE ROLE OF CREATIVE ECONOMIES IN THE SUSTAINABLE DEVELOPMENT OF LOCAL ECONOMIES IN THE NORTH-WEST DEVELOPMENT REGION

The creative economy becomes a driving force for the growth and sustenance of a national economy and is a typical phenomenon of modern economies. The profile creative activities have implications for the design and implementation of policy strategies. The study analyzes, at regional level, the role of creative economies in the sustainable development of local economies in the North-West Development Region. The quantification was achieved by creating an economic database with the relevant indicator of the study - the turnover, for the period between 2000 and 2018. The database was created on the basis of Government Decision no. 859 of 2014, which indicates, for this economic sector, a number of 66 codes which were grouped into 7 main areas. For the selected indicator were made a series of graphic models. The results of the study highlighted the role of creative economies in the sustainable development of local economies.