The Economics and Finance of Cultural Heritage


Book Description

This book analyses the economic and financial profiles of heritage assets as tourist attractions. Offering both theoretical insights, methods, and global empirical examples, it considers how heritage assets can create economic and social value for a region. It offers an analysis of micro- and macroeconomic characteristics of heritage assets and their financial management. The importance of innovation in light of technological and market transformations is considered, as well as the sustainable management of heritage assets environmentally and in terms of sustainable tourism. The book delves into the financial assessment of heritage assets with a focus on evaluation models, the technique of project financing and wealth management in the art sector. These topics are illustrated with cases studies of heritage assets managed as tourist attractions to outline successful management strategies. The book draws on examples from a range of sites and locations across Italy, Spain, the United Kingdom, New Zealand, and the United States to show how heritage assets can be an economic stimulus for the development of local economies. The book will be of interest to academics and students at both undergraduate and postgraduate levels in the fields of tourism economics, cultural studies and environmental studies.




Cultural Heritage


Book Description

Culture Heritage is a systematic, interdisciplinary examination of cultural heritage and offers a thorough, structured review of extant literature on heritage in tourism and pertinent challenges for cultural heritage.




Handbook on the Economics of Cultural Heritage


Book Description

The Handbook on the Economics of Cultural Heritage outlines the contribution of economics in designing cultural heritage policies and in addressing the issues related to the conservation and enhancement of heritage. Taking into account the peculiarities of heritage, where cultural and economic values co-exist, the Handbook offers a multidisciplinary approach, showing how challenging though crucial the dialogue across disciplines can be.




Cultural Heritage, Creativity and Economic Development


Book Description

The book explores the relationship between cultural heritage and local economic development by introducing the original idea that one possible mediator between the two can be identified as creativity. The book econometrically verifies this idea and demonstrates that cultural heritage, through its inspirational role on different creative talents, generates an indirect positive effect on local economic development. These results justify important new policy recommendations in the field of cultural heritage.




Heritage and Globalisation


Book Description

This volume analyzes the politics, policy and practice of cultural heritage at the global level, identifying the major directions in which international heritage practice is moving, and exploring the key issues likely to shape the cultural heritage field well into the twenty-first century. It examines the tensions between the universal claims of much heritage practice, particularly that associated with the World Heritage system, and national and local perspectives. It explores the international legal framework developed since World War Two to protect heritage, particularly at times of war, and from theft, showing how contemporary global problems of conflict and illicit trade continue to challenge the international legal system. Heritage and Globalisation critiques the incorporation of heritage in the world economy through the policies of international development organisations and the global tourism trade. It also approaches heritage from seldom-considered perspectives, as a form of aid, as a development paradigm, and as a form of sustainable practice. The book identifies some of the most pressing issues likely to face the heritage industry at a global level in coming decades, including the threat posed by climate change and the need for poverty reduction. Providing a historically and theoretically rigorous approach to heritage as a form of and manifestation of globalisation, the volume’s emphasis is on contemporary issues and new fields for heritage practice.




Culture and Value


Book Description

1. This book is the first collection of essays by noted folklorist, Regina F. Bendix, that explore how cultures create, give, and maintain value for cultural elements and artifacts. 2. Bendix's work seeks to transcend specialized perspectives on cultural heritage and integrate this booming research area into general folklore and anthropology research. 3. Includes new content including an introduction to the book, introductions to each of the three sections in the book, and two articles that have been translated into English from the original German for the first time.




Economics of Art and Culture


Book Description

This book studies the relationship between the arts and the economy. By applying economic thinking to arts and culture, it analyses markets for art and cultural goods, highlights specific facets of art auctions and discusses determinants of the economic success of artists. The author also sheds new light on various cultural areas, such as the performing and visual arts, festivals, films, museums and cultural heritage. Lastly, the book discusses cultural policies, the role of the state in financing culture, and the relationship between the arts and happiness.




Cultural Economics And Cultural Policies


Book Description

Met lit. opg. Guide to the 'state of the art' in cultural economics. Attention is given to definition and measurement of the cultural sector, to the light economic analysis can shed on the motivation of creative and performing artists and of artistic enterprises, and to the discussion of public policy towards the arts beyond general economic appraisal of arguments for government financial support.




The Heritage Game


Book Description

A notable feature in cultural life is the growing demand to preserve and promote public access to historical buildings and sites, and artistic treasures of the past. Governments are increasingly involved in financing and regulating private attempts to meet this growing demand as well as extending their own provision of these treasures in state and locally owned museums and galleries. These developments raise important issues about the scope, content, and relevance of heritagepolicies in today's world. Written by two leading figures in the field of cultural economics, this authoritative book focuses on the impact of economic analysis on the formulation and implementation of heritage policy.




The Economics of Cultural Policy


Book Description

Cultural policy is changing. Traditionally, cultural policies have been concerned with providing financial support for the arts, for cultural heritage and for institutions such as museums and galleries. In recent years, around the world, interest has grown in the creative industries as a source of innovation and economic dynamism. This book argues that an understanding of the nature of both the economic and the cultural value created by the cultural sector is essential to good policy-making. The book is the first comprehensive account of the application of economic theory and analysis to the broad field of cultural policy. It deals with general principles of policy-making in the cultural arena as seen from an economic point of view, and goes on to examine a range of specific cultural policy areas, including the arts, heritage, the cultural industries, urban development, tourism, education, trade, cultural diversity, economic development, intellectual property and cultural statistics.