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- W1599338515 abstract "This article examines the roles of markets and policies in addressing thechallenges the world’s forests are facing today and in the foreseeable future. Thethreats and opportunities of increased government control versus more liberalizedmarkets are discussed. In many instances markets and policies can be viewed as complementsrather than substitutes to each other. Perhaps the biggest threat of theglobalization of the world economy is that local and national institutions, especially inthe developing countries, become marginalized. Governments could, worldwide, workagainst this possibility by supporting local structures that help the lesser-equippednations and the forest people to reap the benefits, rather than suffer the damage, ofthe globalization process. Corruption and government failures should be reduced, e.g.through increased transparency, publicity and capacity building. Only then, and at asufficiently high level of economic development, is it possible to reduce the transactioncosts related to forest ownership and marketing. Defined ownership of forestsand working marketing mechanisms of wood are preconditions for closing open accessto forests. In turn, competitive stumpage markets can be created only whenaccess to forests is closed. These, as well as new market-based instruments for variousforest services, are among the fundamental preconditions towards sustainableforest management. In short, a balanced mix of government policies and markets isrecommended. The involvement of all the players, including the marginalized poor, is aprerequisite for approaching the optimum mix of markets and policies. On this front,the keys are in the hands of national governments." @default.
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- W1599338515 date "2001-01-01" @default.
- W1599338515 modified "2023-09-27" @default.
- W1599338515 title "World Forests, Markets and Policies: Towards a Balance" @default.
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- W1599338515 doi "https://doi.org/10.1007/978-94-010-0664-4_1" @default.
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