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The Purple Economy as an Economic Strategy: Growth, Employment, and Exports in Portugal

Author

Listed:
  • Mostefaoui Mehamed Amine

    (University of Medea (Algeria))

  • Ana Maria Fernandes Leite

    (University of Lisbon (Portugal))

  • Abderrahmane Bnaissa

    (ALPEC lab.University of Boumerdes (Algeria))

Abstract

This study examines the purple economy as a cultural pillar of sustainable development in Portugal, where fragmented governance, modest investment, and weak internationalization limit potential. It hypothesizes that integrating cultural value into economic policy enhances growth, employment, and competitiveness. Using a descriptive–analytical approach with secondary data, results show that cultural and creative sectors contribute 2.5% of GDP, employ over 200,000 workers, and generate €714 million in exports. Despite reliance on secondary sources, the study highlights the need for coordinated strategies and contributes originality by applying the purple economy framework to Portugal and outlining policy implications for sustainable growth.

Suggested Citation

  • Mostefaoui Mehamed Amine & Ana Maria Fernandes Leite & Abderrahmane Bnaissa, 2025. "The Purple Economy as an Economic Strategy: Growth, Employment, and Exports in Portugal," International Journal of Economic Performance (IJEP), ALPEC The performance of Algerian economic institutions in light of international economic mobility , Boumerdes University, vol. 8(02), pages :359-370, December.
    • Handle: RePEc:bjm:ijep00:v:8:y:2025:i:02:id:393
    DOI: 10.54241/2065-008-002-021
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    References listed on IDEAS

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    1. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2006. "Does Culture Affect Economic Outcomes?," Journal of Economic Perspectives, American Economic Association, vol. 20(2), pages 23-48, Spring.
    2. Pierluigi Sacco & Guido Ferilli & Giorgio Tavano Blessi, 2014. "Understanding culture-led local development: A critique of alternative theoretical explanations," Urban Studies, Urban Studies Journal Limited, vol. 51(13), pages 2806-2821, October.
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