Preservation of built heritage is emerging as a major issue in the
urban planning process of developing countries. This book
criticizes the tendency of policy makers to sacrifice cultural
remnants of the past for future benefits. It argues that policy
makers must seek economically viable solutions to handle the
problems of conserving built environment. Starting from the
questions of what to preserve and for whom to preserve, the book
makes a convincing case for conserving built heritage on economic
grounds. It argues that policy makers must introduce a transparent
and systematic process of grading built heritage, and identifies
multi-criteria decision-making method as an important tool for this
purpose. This is followed by a discussion of how to fund
conservation. Based on a contingent valuation survey, the book
examines the replicability of heritage tourism policies prevalent
in developed countries for countries like India. The analysis sheds
new light on an area of emerging importance in developing
countries, and should be of value to urban economists, urban
planners, cultural economists, historians, architects and
conservationists.
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