Publicado 1997
“…This approach puts great emphasis on the effects of government interventions; - a microeconomic approach which considers the economic rationality of forest clearance from a farmer's perspective, and explains how various forms of market failure, e.g. poorly defined property rights, poorly-designed logging contracts and undervaluation of forest benefits at the local, regional or global level, all contribute to deforestation; and - a macroeconomic emphasis which explores the alleged links between debt and deforestation, leading to
debt-for-nature swaps being proposed as a means for reducing deforestation rate in developing countries. …”
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Artículo preliminar