Opportunities in the Midst of a Pandemic
Now, its ability to support the economic recovery is awaited again amid the downfall of the global economy due to the Covid-19 pandemic.
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Waste-based works are exhibited at the Semarang Creative Hub, Semarang City, Central Java, Saturday (13/3/2021). The Semarang Creative Hub, which is a creative economy forum for Semarang youth, was inaugurated on Saturday by the Minister of Tourism and Creative Economy, Sandiaga Salahuddin Uno.
The creative economy was in the midst of a recession in the world in the early 1990s. Now, its ability to support the economic recovery is awaited again amid the downfall of the global economy due to the Covid-19 pandemic.
The creative economy was identified by Australia and the UK when the two countries experienced an economic downturn in 1990 and 1991. The early 1990s were the toughest period of the Australian economy, as the unemployment rate reached 11 percent.