This document discusses assessing the creative economy and providing informed policymaking. It notes that the creative industries are among the most dynamic emerging sectors in world trade, growing at an average annual rate of 8.7% from 2000-2005. However, most developing countries have yet to harness their creative capacities for development. The report aims to develop a better understanding of the creative economy and how developing countries can leverage it for growth by linking economic, technological, social and cultural objectives.