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W2189014736 abstract "The rapid decline in the area of mangrove forests and swamps in the Philippines has been primarily due to their conversion to other uses. Consequently, important environmental and economic goods and services, including forest products, flood mitigation and nursery grounds for fish, have been lost. The aquaculture industry was the single biggest threat to mangroves in the country until several decades ago, when conversion of the remaining stands was prohibited by law. However, the decreasing yield from capture fisheries is putting pressure for the re-examination of this policy, particularly in light of the successes in the aquaculture industry, which has been the only growth sector in the fishery industry. This paper looks into this policy issue by comparing the costs and benefits of mangrove preservation with those generated by alternative uses, such as aquaculture and forestry. The products and services for each management option were quantified and valued. The results show that converting the Pagbilao mangroves * This paper is primarily based on the technical reports for the project Valuation and Evaluation of Management Alternatives for the Pagbilao Mangrove Forest submitted to the Research on the Economics of Environment and Development Program.The authors acknowledge funding from the Directorate of International Cooperation of the Dutch Ministry of Foreign Affairs through the Collaborative Research" @default.
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W2189014736 date "1998-01-01" @default.
W2189014736 modified "2023-09-25" @default.
W2189014736 title "Extended Benefit-Cost Analysis of Management Alternatives for the Pagbilao Mangrove Forest" @default.
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