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An increasing number of tropical timber producing nations have enacted bans on export of logs. Proponents argue that a log export ban is a second-best policy tool for addressing environmental externalities; it also creates more jobs and improves scale efficiencies domestically. Theoretical...
Persistent link: https://www.econbiz.de/10005825769
Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability … determine the price of extraction rights. However, a number of factors-including a lack of information on the forest resources …-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector …
Persistent link: https://www.econbiz.de/10005599407
This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal … instruments neither reinforce nor substitute for traditional regulatory approaches. Far from encouraging more sustainable forest … root of the Faustmann solution to draw conclusions on the incentives for sustainable tropical forest exploitation. The …
Persistent link: https://www.econbiz.de/10005768783
This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the … Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry … taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The …
Persistent link: https://www.econbiz.de/10005248169
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as...
Persistent link: https://www.econbiz.de/10009369440
This paper, using T-GARCH models, finds that the United States has been the major source of price and volatility spillovers to stock markets in the Asian region during three different periods in the last decade: the pre-Long Term Capital Management crisis period, the "tech bubble" period, and...
Persistent link: https://www.econbiz.de/10005768786
Congo’s first full Poverty Reduction and Growth Strategy underpinned the economic policy during a particularly challenging transitional period. The difficulty is in implementing the program in a rapidly evolving institutional environment. Developments during recent years demonstrate...
Persistent link: https://www.econbiz.de/10011244209
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...
Persistent link: https://www.econbiz.de/10011244377
Uganda’s National Development Plan (NDP) stipulates medium-term strategic direction, development priorities, and implementation strategies. It also details Uganda’s current development status, challenges, and opportunities. The contribution of this NDP to the socioeconomic...
Persistent link: https://www.econbiz.de/10011244832
This note reviews the Republic of Congo’s Poverty Reduction, Growth and Employment Strategy Paper (PRSP). PRSP outlines a comprehensive framework for the reduction of poverty and emphasizes diversifying the economy to generate employment, provide social services and reduce the...
Persistent link: https://www.econbiz.de/10011245617