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Handbook on the Economics of Cultural Heritage

Handbook on the Economics of Cultural Heritage

Elgar original reference

Edited by Ilde Rizzo and Anna Mignosa

Cultural heritage is a complex and elusive concept, constantly evolving through time, and combining cultural, aesthetic, symbolic, spiritual, historical and economic values. The Handbook on the Economics of Cultural Heritage outlines the contribution of economics to the design and analysis of cultural heritage policies and to addressing issues related to the conservation, management and enhancement of heritage.

Chapter 29: The Aga Khan multidisciplinary experience in Cairo, Egypt: a different view

Hany Attalla, Mohamed Abdel-Kader and Haitham Samir

Subjects: development studies, tourism, economics and finance, cultural economics, public sector economics, environment, tourism, geography, tourism


This chapter aims at investigating the economic development perspectives related to heritage revitalization through the analysis of a case study in Cairo by the Aga Khan Trust for Culture (AKTC). A specially interesting feature of this case study is the economic interdependence between its two adjacent projects: Al Darb Al Ahmar Revitalization Project and Al Azhar Park, where the Park is meant to act as a catalyst for economic, social and cultural sustainability and as a stimulus for the upgrading of the proximate historic neighbourhood. And Al Darb Al Ahmar, a project that includes major cultural heritage components, is assumed to act as an adjacent historic attraction for the Park. To give a wider perspective and help serve other similar interdependent cultural heritage models, this chapter explores whether such broad developmental activities implemented in Al Darb Al Ahmar really served the community and benefitted its residents and how AKTC’s strengths and management affected the outcomes.

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