Abstract:
In a world dominated by data and quantitative measures that provide valuable insights and solutions to various economic challenges, arts and culture bring a unique perspective that goes beyond numbers by inspiring creativity and critical thinking, questioning conventional wisdom, increasing self-expression and understanding of the human condition, deepening awareness and appreciation of cultural difference, legacy, and history. In modern society, there has been a significant rise in the recognition of the significance of arts and culture in reflecting and influencing global developments. This has been evident via the emergence of new artistic expressions showcased in various exhibitions worldwide. According to the recent studies of this decade, humanities-based research on the "impact and value" has been presented informally, whether in articles, symposia, or conference plenaries and just a few academic journals have dedicated special issues to this topic. The principal aim of the paper is to investigate the most frequently offered arguments on why the humanities have special purpose and value for us as individuals and for the society as a whole by analyzing its economic value of “usefulness”, their connection to democracy, its methods of measurements, social consumption and theoretical foundation. The analysis will be based on a review of various international project reports by organizations such as International Federation of Arts Councils and Arts Agencies (IFACCA), Arts and Humanities Research Council (AHRC), United Nations Educational, Scientific and Cultural Organization (UNESCO), International Association of Art (IAA) as well as other research papers in the field. The study shows current policy directions and applications related to using the
humanities for practical purposes in the domains of educational research, governance, and public policy. The thesis advocates for a greater recognition of the inherent worth of the
humanities in enhancing intellectual depth and cultural vibrancy in sustaining a democratic society.
