The Economics of Uniqueness: Investing in Historic City Cores and Cultural Heritage Assets for Sustainable Development
Guido Licciardi, Rana Amirtahmasebi
World Bank Publications, Oct 1, 2012 - Business & Economics - 330 pages
In a world where half of the population lives in cities and more than 90 percent of urban growth is occurring in the developing world, cities struggle to modernize without completely losing their unique character, which is embodied by their historic cores and cultural heritage assets. As countries develop, cultural heritage can provide a crucial element of continuity and stability: the past can become a foundation for the future. This book collects innovative research papers authored by leading scholars and practitioners in heritage economics, and presents the most current knowledge on how heritage assets can serve as drivers of local economic development. What this book tries to suggest is a workable approach to explicitly take into account the cultural dimensions of urban regeneration in agglomerations that have a history and possess a unique character, going beyond an approach based solely on major cultural heritage assets or landmarks. The knowledge disseminated through this book will help stakeholders involved in preparation, implementation, and supervision of development investments to better assess the values of cultural heritage assets and incorporate them in urban development policies.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
activities analysis approach architectural value assessment attract beneﬁts brownﬁeld projects buildings with architectural chapter city’s contingent valuation countries cultural heritage cultural value deﬁned Djenné economic values environmental evaluation ﬁgure ﬁnancial ﬁnancing ﬁrst ﬂow funds hedonic price heritage buildings heritage conservation heritage designation heritage investment heritage value historic city core historic districts housing identiﬁed impact incentives increase indicators inﬂuence infrastructure institutions Inter-American Development Bank investors landmark ment methods million Total Loan monuments natural capital neighborhoods Nijkamp nomic non-use values Oaxaca Old Bazaar owners percent preservation private investment private sector proﬁt Project Project number property values Quito real estate redevelopment reﬂect regeneration rehabilitation renovation residents Salvador de Bahia signiﬁcant Skopje social Source spatial speciﬁc stakeholders strategy sustainable Throsby tion tourism UNESCO urban brownﬁeld urban development urban heritage urban upgrading projects visitors World Bank World Heritage List World Heritage Sites