This paper extends the overlapping generations model of the forest sector with the one-sided altruism to study the conditions under which monetary and/or timber bequests are operative. The paper departs from the general public finance literature by assuming nonindustrial landowners have...

The purpose of this paper is to provide information and analysis on the environmental issues facing Peru so that the Bank can take into account potentially significant environmental risks as well as opportunities in the Peru Country Strategy and the subsequent programming activities. The...

The present report aims to generate greater awareness and environmental consciousness amongst our citizens. The objective of the report, therefore, is to generate a national debate among various stakeholders on the key environmental issues and challenges that must be addressed to ensure a rapid...