World heritage list: Does it make sense?

The 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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Year of publication:	2010
Authors:	Frey, Bruno S. ; Steiner, Lasse
Publisher:	Munich : Center for Economic Studies and Ifo Institute (CESifo)
Subject:	Kulturpolitik \| International \| Öffentliches Gut \| Institutionalismus \| Kosten-Nutzen-Analyse \| Welt \| global public good \| World Heritage \| cultural certificates \| monuments \| UNESCO

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Series:	CESifo working paper Public Choice ; 3078
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	629652287 [GVK] hdl:10419/38966 [Handle]
Classification:	Z11 - Economics of the Arts and Literature ; D60 - Welfare Economics. General ; F50 - International Economics. General ; H87 - International Fiscal Issues
Source:	EconStor