Paris Club: Intergovernmental Relations in Debt Restructuring

Cosio-Pascal, Enrique

This paper proposes to (1) summarize existing literature on the causes of deforestation and the magnitude of the various forest benefit components; (2) critically discuss the usefulness of forest valuation exercises; (3) discuss the main market failures underlying deforestation; and (4) highlight the relationship between different property rights regimes, market failures, and policy effectiveness.


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Initiative for Policy Dialogue
Initiative for Policy Dialogue
Initiative for Policy Dialogue Working Paper Series
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February 2, 2010


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