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Cultural Properties in Policy and Practice

By The World Bank

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Book Id: WPLBN0000085720
Format Type: PDF eBook
File Size: 0.3 MB
Reproduction Date: 2005
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Title: Cultural Properties in Policy and Practice  
Author: The World Bank
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Bank, T. W. (n.d.). Cultural Properties in Policy and Practice. Retrieved from


Because its work with cultural properties is often only a project component, information about the scope of Bank involvement and the implementation of Bank-financed projects involving cultural properties is not readily obtainable. To find out what has been done, OED developed a database of Bank activities in cultural heritage (see figure 1). It identified 217 Bank loans, credits, and grants that included cultural heritage activities. These activities vary in size, from a $5 million loan to restore cultural properties in Georgia to a $172,000 grant for a cultural inventory in Albania. They are distributed throughout the world, with no single Region dominating, although South Asia has notably fewer activities than other Regions, and the Middle East and North Africa accounts for the largest dollar share of the lending. The activities are in many sectors, but the urban, energy, and environment sectors account for more than half the total (see figure 2).


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