Institutions, Sustainability, and Natural Resources: Institutions for Sustainable Forest Management

✍ Scribed by Shashi Kant, R. Albert Berry (auth.), Shashi Kant, R. Albert Berry (eds.)

• Publisher: Springer
• Year: 2005
• Tongue: English
• Leaves: 362
• Edition: 1
• Category: Library

✦ Synopsis

A new economic theory, rather than a new public policy based on old theory, is needed to guide humanity toward sustainability. Institutions are a critical dimension of sustainability and sustainable forest management, and economic analysis of institutional dimension requires an inclusionist rather than an exclusionist approach. This book provides a systematic critique of neoclassical economic approaches and their limitations with respect to sustainability. Leading institutional economists discuss theoretical perspectives about appropriate institutions for sustainable forest management, markets for environmental services, deforestation and specialization, and some country experiences about Kyoto Protocol, international trade, biodiversity conservation, and sustainable forest management in general. The book includes the ideas from old as well as new institutional economics and discusses the main features of Post-Newtonian economics.

This book follows a companion book, Economics, Sustainability, and Natural Resources: Economics of Sustainable Forest Management, volume 1 of the series.

✦ Table of Contents

Sustainability, Institutions, and Forest Management....Pages 1-20
In Search of Optimal Institutions for Sustainable Forest Management: Lessons from Developed and Developing Countries....Pages 21-42
Modern Economic Theory and the Challenge of Embedded Tenure Institutions: African Attempts to Reform Local Forest Policies....Pages 43-81
Organizations, Institutions, External Setting and Institutional Dynamics....Pages 83-113
Valuing Forest Ecosystems — An Institutional Perspective....Pages 115-134
The Great Tragedy of Science: Sustainable Forest Management and Markets for Environmental Services....Pages 135-139
The Kyoto Protocol: Property Rights and Efficiency of Markets....Pages 141-154
Deforestation and Population Increase....Pages 155-191
Limitations of Sustainable Forest Management: An Economics Perspective....Pages 193-210
Sustainable Forestry in a World of Specialization and Trade....Pages 211-231
Forest Carbon Sinks: A Temporary and Costly Alternative to Reducing Emissions for Climate Change Mitigation....Pages 233-255
The International Trade and Environmental Regime and the Sustainable Management of Canadian Forests....Pages 257-295
Sustainable Forest Management: Ciriacywantrup’s Definition of Conservation in Today’s Forest Resource Context....Pages 297-309
Stakes, Suspicions and Synergies in Sustainable Forest Management—the Asian Experience....Pages 311-339
Institutions, Sustainable Forest Management, and Post-Newtonian Economics....Pages 341-356

✦ Subjects

Environmental Management