The publication 'Culturing Development: The Dynamic Significance of the Arts and Cultural Industries' shows that ‘culture matters’ in Trinidad and Tobago. The study proves that the sector is significant because of its cultural and commercial value. Culture creates meaning and contributes to the development of cultural citizens. Meanwhile, the cultural industries create value not only from the generation of income, the production of goods and creation of employment, but also from their ability to drive innovation and create growth in the overall economy. Indeed, the arts and cultural industries represent an embedded sector and is valuable not only for its static impact on areas such as employment and income generation but moreso for its dynamic significance in promoting growth and change throughout the society. The main challenge raised in the report is how to achieve the right balance points between these competing but complimentary value systems. 

http://www.ministryofculturett.com/whats-new/mapping-exercise-of-trinidad-and-tobagos-arts-cultural-industry-sector/