African countries are natural resource-rich. The continent has natural forests, homes of endemic biodiversity and various ores. This richness brings hope for sustainable and inclusive development in a continent whose population is rapidly growing. It also raises fears of environmental...

This paper focuses on the impact of property rights insecurity on deforestation in the Brazilian Legal Amazon. Deforestation is considered as a risk management strategy: property rights insecurity reduces the present value of forests and fosters forest conversion into agricultural and pasture...