Overview

Based on the assupmtion that without understanding institutions, economists cannot make satisfactory policy prescriptions, this title draws conclusions on the strengths and limitations of applied economics in the field of heritage. Sicily provides an interesting 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 perpesctives. It also discusses the public choice of fiscal federalism and looks at the problems of assessing the efficiency of policy measures. Finally it provides an overview of the national experiences in France, Scotland and Italy in terms of heritage policy.

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9781843760412

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Reviews

'So much economics is written for its club members that it is refreshing to come across a book of essays which is accessible in large measure to those with a working knowledge of economic issues. It is much more than that because it makes a persuasive case for the use of economic analysis in deciding in which areas governments can sensibly act in the presentation and preservation of heritage. Although related specifically to Sicily, the rich heritage of this delectable island offers a unique opportunity for revealing all the major problems of estimating the value of historical artefacts.' -- Sir Alan Peacock, David Hume Institute, Edinburgh, UK

Author Information

Edited by Ilde Rizzo, Professor of Public Finance, University of Catania, Italy and Ruth Towse, Professor of Economics of Creative Industries, CIPPM, Bournemouth University and CREATe Fellow in Cultural Economics, University of Glasgow, UK

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