The economics of optimal management of cultivated and natural forests. Optimal rotation age and harvesting in timber production. Managing forest for their non-timber services. The multiple ecosystem services of forest and their contributions to human wellbeing. Economic valuation of the services of forest ecosystems. Forest resource rents and their capture and distribution under different property rights regimes. Regulation and taxation of forest users. Designing logging concessions and forest exploitation policies. Forest resource accounting and optimal management of the resource rents. Communities and forests. Case study examples from Sub-Saharan Africa.
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