Abstract
The relationships between heritage, economic development and regeneration are now so close, and so interwoven, that one could be forgiven for believing that heritage provides an infallible source of value just waiting to be realized in ‘strategies for growth’, ‘revitalization’, ‘urban renaissance’ and so forth (see, for example, the UK government’s Statement on the Historic Environment for England [Department for Culture, Media and Sport, 2010]). UNESCO’s designation of World Heritage Status contains an explicit promise of good things to follow, and economic development is key among them (Arezki et al., 2012). In this post-industrial age, when the consumer, more than the producer of goods, defines economic activity (Bauman, 2001), heritage is said to act as the catalyst (Euromed, 2002, p. 15; Greffe, 2009; English Heritage, 2013) that draws down, with its ‘intrinsic’ worth, the freely circulating capital associated with globalization and helps to create new places of consumption. The Statement on the Historic Environment for England is emblematic:
Aside from its inherent cultural value, the historic environment also has an important role to play in helping Government to achieve many of its broader goals. It can be a powerful driver for economic growth, attracting investment and tourism, and providing a focus for successful regeneration. Alongside the best in new design, it is an essential element in creating distinctive, enjoyable and successful places in which to live and work.
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© 2015 Steve Watson and M. Rosario González-Rodríguez
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Watson, S., González-Rodríguez, M.R. (2015). Heritage Economies: The Past Meets the Future in the Mall. In: Waterton, E., Watson, S. (eds) The Palgrave Handbook of Contemporary Heritage Research. Palgrave Macmillan, London. https://doi.org/10.1057/9781137293565_29
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DOI: https://doi.org/10.1057/9781137293565_29
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