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Making World Heritage Truly Global: The Culture Certificate Scheme

Author

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  • Bruno S. Frey
  • Paolo Pamini

Abstract

Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the issuance of a tradable Certificate. Countries and private firms are induced to seek sites where financial resources can be spent most productively. This leads to an efficient allocation of resources to preserve World Heritage.

Suggested Citation

  • Bruno S. Frey & Paolo Pamini, 2009. "Making World Heritage Truly Global: The Culture Certificate Scheme," CESifo Working Paper Series 2745, CESifo Group Munich.
  • Handle: RePEc:ces:ceswps:_2745
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    File URL: http://www.cesifo-group.de/DocDL/cesifo1_wp2745.pdf
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    References listed on IDEAS

    as
    1. Victor Ginsburgh, 2001. "Economics of arts and culture," ULB Institutional Repository 2013/1869, ULB -- Universite Libre de Bruxelles.
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    5. David Throsby, 2003. "Cultural sustainability," Chapters,in: A Handbook of Cultural Economics, chapter 22 Edward Elgar Publishing.
    6. Tisdell, Clem & Wilson, Clevo, 2002. "World Heritage Listing of Australian Natural Sites: Tourism Stimulus and Its Economic Value," Economic Analysis and Policy, Elsevier, vol. 32(2), pages 27-49, June Spec.
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    global public good; World Heritage; Cultural Certificates; monuments; UNESCO;

    JEL classification:

    • 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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