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Does privatisation have a role in world forestry
sustainable management? Is privatisation policy
valid for the forestry sector? This book is aimed to
the identification of opportunities and risks of
forests privatisation in developing countries.
Within this context, privatisation may be defined as
the problem of delimiting the extent of what is
privately and what is publicly owned by creating
social institutions to regulate the distribution of
contingent rights and responsibilities. These social
institutions include specific arrangements to
transfer property rights (such as explicit or
implicit auction mechanisms), as well as rules and
regulations concerning the extent and the mode in
which the rights may be exercised (the governance
of the privatisation process). The evidence shows
that, if done right, the privatisation (of resources
and productive processes) produces benefits of
economic efficiency and innovation. Because of its
world-wide importance and prominent place among
natural resources, privatisation of forests appears
a research issue of great potential significance.
About the author
Pasquale L. Scandizzo (Ph.D. 1972, U.C. Berkeley) is Full Professor of Political Economy with the University of Rome "Tor Vergata". He has been Senior Economist with the World Bank and is a long term consultant for some of the major international institutions. His published works include 16 books and more than 100 professional articles.
