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Making World Heritage Truly Global: The Culture Certificate Scheme

  • Bruno S. Frey
  • Paolo Pamini

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.

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Paper provided by Center for Research in Economics, Management and the Arts (CREMA) in its series CREMA Working Paper Series with number 2009-13.

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Date of creation: Jun 2009
Date of revision:
Handle: RePEc:cra:wpaper:2009-13
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  1. Rizzo, Ilde & Throsby, David, 2006. "Cultural Heritage: Economic Analysis and Public Policy," Handbook of the Economics of Art and Culture, Elsevier.
  2. Victor Ginsburgh, 2001. "Economics of arts and culture," ULB Institutional Repository 2013/1869, ULB -- Universite Libre de Bruxelles.
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  6. V.A. Ginsburgh & D. Throsby (ed.), 2006. "Handbook of the Economics of Art and Culture," Handbook of the Economics of Art and Culture, Elsevier, edition 1, volume 1, number 1, December.
  7. Victor Ginsburgh & David Throsby, 2006. "Handbook of the Eonomics of Art and Culture," ULB Institutional Repository 2013/152412, ULB -- Universite Libre de Bruxelles.
  8. Xavier Greffe, 1999. "La gestion du patrimoine culturel," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00272092, HAL.
  9. David Throsby, 2003. "Cultural sustainability," Chapters, in: A Handbook of Cultural Economics, chapter 22 Edward Elgar.
  10. Bruno S. Frey, 2001. "Inspiring Economics," Books, Edward Elgar, number 1895, March.
  11. Lluis Bonet, 2003. "Cultural tourism," Chapters, in: A Handbook of Cultural Economics, chapter 23 Edward Elgar.
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