" >Opinion: Visual arts school is a powerful driver of the creative economy - Calgary Herald | Canada News Media
Connect with us

Economy

Opinion: Visual arts school is a powerful driver of the creative economy – Calgary Herald

Published

on



The Alberta University of the Arts celebrates one year after its new name was unveiled in January 2019.


Postmedia

As Alberta University of the Arts (AUArts) celebrates its first year as a university and as we quickly approach our centennial (around the corner in 2026), it reminds us of the essential role arts and culture play in contributing to the social, economic and cultural prosperity of our communities. These are the three core elements of any vibrant society.

The work of practicing artists, craftspeople and designers is everywhere around us, and the embedded entrepreneurial spirit that is behind creativity and innovation is becoming the true commodity of the 21st century where genuine economic diversification is key to long-term sustainability.

Creativity and innovation are the most powerful vehicles to change the world. As AUArts celebrates its milestone since elevating from a college to a university last February, it presents an opportunity to reflect on this past year. While only one year as a university in name may seem insignificant, this institution’s lengthy history since inception nearly a century ago is resolute. We have remained relevant since 1926 ‒ weathering the ups and downs of challenging economic realities, navigating uncertainty during times of war and adjusting to ever-shifting cultural norms. Our name has changed several times over the years, most recently from Alberta College of Art and Design, or ACAD. Yet through it all, the professional studio-based art, craft and design education we champion proves time and again that this practical hands-on learning model is one of the most effective means of educating the innovators of tomorrow.

Alberta University of the Arts is a catalyst and the epicentre of a dynamic visual arts economy. We employ the most artists in Calgary, and we count many of North America’s leading creative minds amongst our staff and faculty. The impact of becoming a university fully recognized the achievements of our students, our faculty and our staff. As a result, AUArts is celebrating our highest enrolment of new students in recent years. Bold new strategic and academic plans are in place to steer this university to greater heights and we are prepared to meet the challenges ahead.

Scanning the many cultural happenings around Calgary and the province, we are so proud to recognize students, graduates and faculty deeply embedded in Alberta’s cultural economy – their talent, research and creative practices entwined in countless businesses, projects and events.

Currently in Calgary, the Esker Foundation is exhibiting a truly amazing retrospective on sculptor alumna and lecturer emeritus Katie Ohe, while Contemporary Calgary’s Collider Residency has numerous AUArts alumni involved. Elsewhere, faculty member Mitch Kern has a photography exhibition at Herringer Kiss Gallery, Stride Gallery has an exhibition featuring educational technician Jolie Bird, and Alberta Craft Gallery has a group exhibition including AUArts fibre professor and 2019 Alumni Award board of governor’s winner Bill Morton.

Farther afield in the province, Banff Centre’s Walter Phillips Gallery has an exhibition featuring Governor General’s Award-winning professor Rita McKeough and Alberta Craft Discovery Gallery in Edmonton is featuring glass alumna Leah Kudel.

Perform a quick scan of design, advertising and digital agencies around the province and you will discover a full complement of homegrown AUArts talent, while many other AUArts graduates are successfully making an international impact with global brands such as Converse, Amazon Music, Nike and Disney to name a few. Our graphic designers lead the world of graphic novels, animation and children’s book illustrations. Over a period of 10 years, our alumna Jillian Tamaki won 14 international awards, among them two prestigious Governor General’s Awards for children’s book illustration, an Eisner Award for best graphic novel and a New York Times Best Illustrated Children’s Book. The epic series Saga first published in 2012 and illustrated by our alumna Fiona Staples is one of the most celebrated comics in North America, winning three Eisner Awards and one Hugo Award.

While we are immensely proud that 11 Governor General’s Award winners number amongst our graduates and faculty, the value of our education model is measured in other meaningful ways than by winning awards. Simply put, we are a driver of Alberta’s creative economy — our graduates contribute to their communities across this province, not only as artists, craftspeople and designers but maybe more importantly as problem solvers, collaborators, entrepreneurs, and influential business and community leaders.

A successful, thriving economy and civilization requires diversity; economic diversity but also creative diversity. On this first milestone anniversary, take a moment to (re)discover and celebrate our students, alumni, staff and faculty who form the nucleus of this province’s invaluable collective of thinkers, shapers, makers and risk-takers.

Carol Ryder is board chair and Daniel Doz is president and CEO of the Alberta University of the Arts.

­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­

.

Let’s block ads! (Why?)



Source link

Continue Reading

Economy

Some of the world's biggest economies are on the brink of recession – CNN

Published

on


Markets closed out last week on an anxious note. It’s not difficult to see why: the coronavirus continues to spread, and there are signs that some of the world’s top economies could slide into recession as the outbreak compounds pre-existing weaknesses.
Take Japan: The world’s third-largest economy shrank 1.6% in the fourth quarter of 2019 as the country absorbed the effects of a sales tax hike and a powerful typhoon. It was biggest contraction compared to the previous quarter since 2014.
Then there’s Germany. The biggest economy in Europe ground to a halt right before the coronavirus outbreak set in, dragged down by the country’s struggling factories. The closely-watched ZEW Indicator of Economic Sentiment in Germany decreased sharply for February, reflecting fears that the virus could hit world trade.
Bank of America economist Ethan Harris points to the number of smaller economies that are hurting, too. Hong Kong is in recession and Singapore could soon suffer a similar fate. Fourth quarter GDP data from Indonesia hit a three-year low, while Malaysia had its worst reading in a decade, he noted to clients on Friday.
Meanwhile, engines of growth like China and India slowed in 2019. Fourth quarter GDP data for the latter comes out this week.
All of this brings to the fore concerns about the global economy’s ability to withstand a shock from the coronavirus. Harris says the weak quarter was likely a result of lingering damage from the trade war between China and the United States. The coronavirus is poised to make matters worse.
“Global equities have rebounded as the US and China have converged to a ceasefire, but companies with global supply chains remain deeply uncertain,” he said.
On the radar: Even the United States may not be in as strong a position as previously thought. IHS Markit said Friday that US services sector contracted in February, with the reading hitting a 76-month low. It’s the first time the sector has contracted in four years.

President Trump heads to India as trade tensions simmer

President Donald Trump is scheduled to arrive in India on Monday for a state visit with Indian Prime Minister Narendra Modi.
In the background: A brewing trade fight between the United States and one of the world’s most crucial emerging economies.
Last year, the Trump administration ended special trade treatment for India, removing a status that exempted billions of dollars of the company’s products from US tariffs. India increased tariffs on US exports in response.
The United States has since been occupied with other trade conflicts — namely nailing down a truce with China. But following a “phase one” deal with Beijing, the spat with India may get renewed attention. That could mean an agreement to take a step back, or a breakdown in communication and more escalation.
Managing expectations: Larry Kudlow, Trump’s top economic adviser, told reporters on Friday not to expect a big trade component to the visit. “I think you might see his public willingness to negotiate with India,” he said. “He and Modi, they’re friends.”
But Trump has regularly called Chinese President Xi Jinping a friend, too.
Monday: Germany business climate; Dine Brands (DIN) and HP earnings
Tuesday: US consumer confidence; Home Depot (HD), Macy’s (M), Caesars Entertainment (CZR), Salesforce (CRM), Virgin Galactic (SPCE) and WW (WW) earnings
Wednesday: US new home sales; J.M. Smucker, Lowe’s (LOW), Papa John’s (PZZA), SeaWorld Entertainment (SEAS), TJX (TJX), Weibo (WB), Wendy’s (WEN), Hostess Brands (TWNK), L Brands (LB), Marriott (MAR) and Square (SQ) earnings
Thursday: Second estimate of US fourth quarter GDP; US durable goods; Anheuser-Busch InBev (BUD), Best Buy (BBY), Gannett (GCI), J.C. Penney (JCP), AMC Entertainment (AMC), Baidu (BIDU), Beyond Meat (BYND), and Dell (DELL) earnings
Friday: India GDP; US personal income and spending; Colony Capital (CLNY) and Wayfair (W) earnings

Let’s block ads! (Why?)



Source link

Continue Reading

Economy

Economy will be 'strong factor' aiding Trump's re-election despite Boeing hit, Mnuchin says – CNBC

Published

on


US Treasury Secretary Steven Mnuchin attends a session at the Congres center during the World Economic Forum (WEF) annual meeting in Davos, on January 21, 2020.

FABRICE COFFRINI | AFP via Getty Images

The strength of the U.S. economy will prove to be an important factor when voters head to the polls in November, according to U.S. Treasury Secretary Steven Mnuchin, despite a slew of headwinds that could weigh on growth this year.

Mnuchin warned earlier this month that U.S. growth may not hit Trump’s pledged 3% growth in GDP (gross domestic product) in 2020.

Speaking to CNBC at the G-20 Summit in Riyadh, Saudi Arabia, on Sunday, Mnuchin said disruptions at Boeing could cause a 50 basis point drag on growth, compounded by General Motors strikes and the potential impact of the coronavirus outbreak.

“But the real impact in terms of the American economy, wages are going up, more jobs are being created and more people are coming back into the workforce than ever before,” Mnuchin told CNBC’s Hadley Gamble.

“(GDP) is a global statistic, the statistic people really care about is are they working, are they getting more jobs, are they getting more pay? And on that basis, we’re getting all As.”

U.S. unemployment recently hit a 50-year low, continuing a consistent downward trend set in motion in 2010. Real average hourly earnings for all private nonfarm employees increased 0.6% from January 2019 to January 2020, according to the U.S. Bureau of Labor Statistics.

“The change in real average hourly earnings combined with a 0.6-percent decrease in the average workweek resulted in essentially no change in real average weekly earnings over this period,” the Bureau said in a report Friday.

Mnuchin told CNBC he saw the economy being a very “strong factor” in the president’s re-election. “And as you look at the U.S. economy relative to the world economy, the U.S. is the bright spot on world growth,” he said.

Let’s block ads! (Why?)



Source link

Continue Reading

Economy

China braces for inevitable big hit to economy from virus, says Xi – Financial Post

Published

on


BEIJING — China will step up policy adjustments to help cushion the blow on the economy from a coronavirus outbreak that authorities are still trying to control, President Xi Jinping was quoted as saying on Sunday.

The situation is showing a positive trend after arduous efforts but there is no room for “weariness and relaxed mentality” among officials, state television quoted him as saying.

“At present, the epidemic situation is still severe and complex, and prevention and control work is in the most difficult and critical stage,” Xi said.

“The outbreak of novel coronavirus pneumonia will inevitably have a relatively big impact on the economy and society,” Xi said, adding that the impact would be short-term and controllable.

The outbreak is one of the most serious public health crises to confront Chinese leaders in decades.

“For us, this is a crisis and is also a big test,” Xi said.

Chinese policymakers have implemented a raft of measures to support an economy jolted by the virus, which is expected to have a devastating impact on first-quarter growth.

Low-risk provinces should focus on restoring work and production in an all-round way, provinces with medium-level risks should aim for an orderly work resumption, while high-risk regions should focus on epidemic controls, Xi said.

The government would step up policy support to help achieve economic and social development targets for 2020, Xi said.

China would maintain a prudent monetary policy and roll out new policy steps in a timely way, he said, adding the government would also study and roll out phased tax cuts to help tide small firms over difficulties.

The government would also take steps to support flexible employment and help college graduates to find jobs, Xi added. (Reporting by Yingzhi Yang and Kevin Yao; Editing by Frances Kerry and Alex Richardson)

Let’s block ads! (Why?)



Source link

Continue Reading

Trending