Challenges of managing cultural projects in the context of economic volatility

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dc.contributor.authorStepanova, T.
dc.date.accessioned2024-10-23T08:18:53Z
dc.date.available2024-10-23T08:18:53Z
dc.date.issued2024
dc.description.abstractThe article explores and substantiates the challenges of project management in the field of culture in the context of economic instability. This work is aimed at studying not only the impact of crisis phenomena on cultural initiatives and their adaptation, but also the specifics of cultural projects and their contribution to the socio-cultural environment in the context of economic instability. This issue is of particular importance in the context of the events of recent years — the coronavirus pandemic and the full- scale war unleashed by the Russian Federation against Ukraine on February 24, 2022. The cultural sector, having not yet met the challenges posed by Covid-19, has faced even greater challenges in terms of impact and scale — the war and all its consequences. In the context of economic instability, the cultural sphere faces a number of challenges that at best create obstacles for it, and at worst may make its development impossible for a certain period of time. Particular attention should be paid to the problems of managing cultural projects in Ukraine, in particular insufficient funding, which is sometimes carried out on the principle of “residual” funding, when only residual funds from other strategically important areas are allocated to culture. There is also a serious problem of the outflow of qualified personnel, the lack of tangible incentives and encouragement for the creative work of artists and cultural figures, as well as the general «untouchability» of the industry and the lack of support for cultural projects from the state. All these problems, combined with the lack of a deep understanding of the mechanisms of cidtural management, create significant difficulties for the development of culture in Ukraine and limit the industry, forcing it to solve problems and finance its development on its own.
dc.identifier.citationStepanova, T. (2024). Challenges of managing cultural projects in the context of economic volatility. Economics and Management, 1, 75-79 [in English].
dc.identifier.urihttp://dspace.e-u.edu.ua/handle/123456789/549
dc.language.isoen
dc.titleChallenges of managing cultural projects in the context of economic volatility
dc.typeArticle
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