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Books > Social sciences > Politics & government > Central government > Central government policies
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The Economics of Heritage - A Study in the Political Economy of Culture in Sicily (Hardcover, illustrated edition)
Loot Price: R3,407
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The Economics of Heritage - A Study in the Political Economy of Culture in Sicily (Hardcover, illustrated edition)
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Based on the assumption that without understanding institutions,
economists cannot make satisfactory policy prescriptions, this book
draws some insightful conclusions on the strengths and limitations
of applied economics in the field of heritage. Sicily provides an
interesting and unique backdrop against which the study is set,
demonstrating the economic complexities of heritage and the range
of economic tools and concepts which can be employed to analyse it.
The book is a compilation of various approaches that economists
trained in different branches of economics have brought to bear on
heritage. It considers the political economy of heritage policy
from a variety of different perspectives. These include a study of
the economic problems of defining and valuing culture and, through
detailed case studies in the economics of regulation, an
examination of the incentives and principal-agent problems in the
management of heritage policy. The authors move on to discuss the
public choice view of fiscal federalism and look at the problems of
assessing the efficiency of policy measures. Finally, they provide
an interesting overview of the national experiences of France,
Scotland and Italy in terms of heritage policy. Taking a new
institutional approach, this book is as much a concise manual of
applied economics as a contribution to cultural economics. It
stresses the need for an interdisciplinary approach to the study of
heritage and offers a unique opportunity to understand law-making
and administrative procedures in the civil code tradition. It will
be essential reading for students, researchers and academics of
cultural economics, as well as policymakers wanting to assess the
value and efficiency of heritage policies.
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