© 2005

Institutions, Sustainability, and Natural Resources

Institutions for Sustainable Forest Management

  • Shashi Kant
  • R. Albert Berry

Part of the Sustainability, Economics, and Natural Resources book series (SENR, volume 2)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Shashi Kant, R. Albert Berry
    Pages 1-20
  3. John M. Hartwick
    Pages 155-191
  4. Epilogue

  5. Back Matter
    Pages 357-361

About this book


A new economic theory, rather than a new public policy based on old theory, is needed to guide humanity toward sustainability. Institutions are a critical dimension of sustainability and sustainable forest management, and economic analysis of institutional dimension requires an inclusionist rather than an exclusionist approach. This book provides a systematic critique of neoclassical economic approaches and their limitations with respect to sustainability. Leading institutional economists discuss theoretical perspectives about appropriate institutions for sustainable forest management, markets for environmental services, deforestation and specialization, and some country experiences about Kyoto Protocol, international trade, biodiversity conservation, and sustainable forest management in general. The book includes the ideas from old as well as new institutional economics and discusses the main features of Post-Newtonian economics.

This book follows a companion book, Economics, Sustainability, and Natural Resources: Economics of Sustainable Forest Management, volume 1 of the series.


Climate Change Conservation Deforestation Forestry Sustainable forest management biodiversity ecosystem forest new institutional economics organization

Editors and affiliations

  • Shashi Kant
    • 1
  • R. Albert Berry
    • 2
  1. 1.Faculty of ForestryUniversity of TorontoCanada
  2. 2.Munk Centre for International StudiesUniversity of TorontoCanada

Bibliographic information