ECONOMICS UNIQUENESS

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Boxes, fi gures, maps, notes, and tables are indicated by b, f, m, n, and t following the page number. A Acemoglu, D., 185, 194 actors. See stakeholders adaptive reuse costs of, 48 decision-making process for, 159, 159f economic development and, 65 framework for, 77 gentrifi cation and, 131 governance of, 146b, 156–61 policy environment for, 58 administrative costs, 60 admission fees, 281n9 advertising eff ect, 209n4, 210n21 aesthetic value, 54, 112–13, 145, 145f, 155, 160 aff ordable housing, 136, 172 Afghanistan, Taliban’s destruction of Bamiyan Buddhas in, 57 Aga Khan Trust for Culture (AKTC), 221b, 259b, 275, 278 Agence de Rehabilitation et Renovation Urbine (Tunisia), 237 Agency for the Rehabilitation of Fes-Medina (Morocco), 256b Aguas de San Andres (Colombia), 226 Akaretler Row Houses (Istanbul, Turkey), 232–33 Albania, regulatory environment for heritage investments in, 59b Alberini, A., 93 Alcala, F., 193 Index Aleppo, Syria, urban regeneration strategy in, 122 applied welfare theory, 83, 89 appraisals. See valuation Archaeological Park of Copan (Honduras), 55b, 80b architectural values as cultural heritage, 76 development interventions and, 16 fi nancial returns and, 28 reclamation and, 39 socially optimal preservation and, 30 urban upgrading and, 18, 38 Arezki, Rabah, 7, 183 Armenia burial monuments destroyed in, 57 contingent value estimates in, 86b Arrow, K., 93 Art Deco district (Miami, Florida), 35 Asmara, Eritrea, brownfi eld redevelopment in, 215, 216b Association pour la Sanvegarde de la Medina (Tunisia), 237 asymmetric information, 41–42 Aten, B., 193, 198 Atlanta, Georgia, heritage designations in, 119 atomistic approach to property rights, 17 Aurora, Illinois, heritage designations in, 119 Australia heritage designations in, 118 stakeholders in, 147 ■ 285
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Public Disclosure Authorized Public
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Th e Urban Development Series discu
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© 2012 International Bank for Reco
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vi ■ CONTENTS Project Appraisal i
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viii ■ CONTENTS Appendix II: Addi
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x ■ CONTENTS 7.4 Tourism Is Coupl
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xii ■ CONTENTS 9.1 How to Organiz
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Exegi monumentum aere perennius reg
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ACKNOWLEDGMENTS ■ xvii Cultural O
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xx ■ OVERVIEW What Are the Object
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xxii ■ OVERVIEW and captures the
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xxiv ■ OVERVIEW periphery, especi
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xxvi ■ OVERVIEW tourism—by impr
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xxviii ■ OVERVIEW 3. Institutiona
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1 Livable Historic City Cores and E
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LIVABLE HISTORIC CITY CORES AND ENA
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2 Investing in the Sense of Place:
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INVESTING IN THE SENSE OF PLACE ■
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0 45° INVESTING IN THE SENSE OF PL
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FIGURE 2.4 continued INVESTING IN T
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A Dubious Alternative: Property Rec
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46 ■ THE ECONOMICS OF UNIQUENESS
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TABLE 4.1 Overview of Hedonic Price
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FIGURE 6.5 Quito and Oaxaca: Timeli
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TABLE 6.5 Quito Investments in the
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7 UNESCO World Heritage List, Touri
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UNESCO WORLD HERITAGE LIST, TOURISM
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TABLE 7.1 Regional and Historical D
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TABLE 7.3 Benchmark Regressions Fir
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TABLE 7.10 Robustness to Using Diff
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8 Financial Mechanisms for Historic
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FINANCIAL MECHANISMS FOR HISTORIC C
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BOX 8.2 FINANCIAL MECHANISMS FOR HI
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BOX 8.3 FINANCIAL MECHANISMS FOR HI
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TABLE 8.1 Local Financial Tools Use
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FIGURE 8.4 Brownfi eld Concession T
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Page 265 and 266: FINANCIAL MECHANISMS FOR HISTORIC C
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Page 318 and 319: 286 ■ INDEX authenticity value, 5
Page 320 and 321: 288 ■ INDEX Design with Nature (M
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Page 326 and 327: 294 ■ INDEX Quito, Ecuador buildi
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