World Heritage List: Does it Make Sense?
AbstractThe UNESCO World Heritage List contains the 900 most treasured Sites of humanity’s culture and landscapes. The World Heritage List is beneficial where heritage sites are undetected, disregarded by national decision-makers, not commercially exploitable, and where national financial resources, political control and technical knowledge for conservation are inadequate. Alternatives such as the market and reliance on national conservation list are more beneficial where the cultural and natural sites are already popular, markets work well, and where inclusion in the List does not raise the destruction potential by excessive tourism, and in times of war or by terrorists.
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Bibliographic InfoPaper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 3078.
Date of creation: 2010
Date of revision:
global public good; World Heritage; cultural certificates; monuments; UNESCO;
Other versions of this item:
- Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: does it make sense?," IEW - Working Papers 484, Institute for Empirical Research in Economics - University of Zurich.
- Bruno S. Frey & Lasse Steiner, 2010. "World Heritage List: Does It Make Sense?," CREMA Working Paper Series 2010-11, Center for Research in Economics, Management and the Arts (CREMA).
- D60 - Microeconomics - - Welfare Economics - - - General
- F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
- H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
- Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
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