I recently have tried to examine and measure the importance of the development of the creative industry in the fight against youth unemployment in Cameroon.
Based on data both from an existing data base and a small survey we undertook, I have conducted prior a statistical analysis of the labor market to describe the importance of youth unemployment issue in Cameroon and highlighted the usefulness of development of creative industries as a potential solution to this problem.
Thereafter, using the social accounting matrix that I constructed previously, I have made an analysis of the feasibility and impact of the development of creative activities on youth employment reduction.
This analysis allowed us to highlight the fact that youth are the most affected by unemployment. It also showed empirically the potential of the development of creative industry to solve this problem.
These results of my analyses led us to some following main practical policy recommendations for the development of the creative industry of Cameroon which, with its multidimensional aspect, could contribute more to absorb much of youth unemployment: Investing in youth entrepreneurship in the creative sector including sports, music and tourism activities; Developing professionalism and adapt the banking system and economic investment in selected creative activities; Develop regulations on creative activities development and reduce the gap between laws and their implementation; Develop and deepen a strategic system and mechanisms for effective management of intellectual property rights specific to the creative industry to ensure the survival of market actors ideas by providing them adequate protection from copyright violation; Develop initiatives for local creative talents development and improvement in order to deepen the consolidation of a sustainable industry with sustainable careers.
