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Economic Instruments for Tropical Forests - The Congo Basin Case Economic instruments - taxes, royalties, quotas, auctions, permit markets, subsidies, performance bonds, timber certification, log export bans, carbon dioxide markets - lie at the heart of contemporary debate over 'sustainable management' of tropical forests and especially one of its most controversial aspects: logging. Drawing on economic theory and concrete examples mainly from Central Africa but also from south-east Asia, the publication Economic instruments for tropical forests - The Congo Basin case gives a pragmatic and stimulating view of the forestry policy issues bound up with these new aspects of tropical forest management at the crossroads of economics and ecology. The book examines the likely impact of a number of economic instruments on changing current practices in the management and logging of humid tropical forests, with particular reference to the countries of the Congo Basin, where there are still large areas forested with high-quality timber. The intent is to help reconcile viable, long-term management and a timber industry that, while controversial, remains an important economic activity in countries that depend essentially on their natural resources. The book addresses certain aspects of forestry taxation as well as royalties, taxes and other instruments, which are examined in terms of their incentive potential, and their ability to change practices and choices among one category of economic agents, namely loggers or logger-processors, operating in the forests of Central Africa. Copyright © 2005 International Institute for Environment and Development. |
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