English, Article edition: The Complier Pays Principle: The Limits of Fiscal Approaches Toward Sustainable Forest Management By Luc Leruth; Remi Paris; Ivan Ruzicka

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Physical Description
  • article
Language
  • English

Edition details

Title
  • The Complier Pays Principle: The Limits of Fiscal Approaches Toward Sustainable Forest Management
Author
  • By Luc Leruth
  • Remi Paris
  • Ivan Ruzicka
Physical Description
  • article
Notes
  • RePEc:pal:imfstp:v:48:y:2001:i:2:p:8
  • This paper examines the role and impact of taxation on sustainable forest management. It is shown that fiscal instruments neither reinforce nor substitute for traditional regulatory approaches and can actually undermine sustainability. The paper uses the reasoning at the root of the Faustmann solution to draw conclusions on the incentives for sustainable tropical forest exploitation. It proposes a bond mechanism as an alternative market-based instrument to encourage sustainable forest logging while reducing monitoring costs. Copyright 2001, International Monetary Fund
  • RePEc:imf:imfstp:v:48:y:2001:i:2:p:8
Language
  • English
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