The economic value of forest. has long been recognized, but the ways in which that value is calculated and the management policies adopted in consequence have all too often resulted in overuse and irreversible
destruction. This is spectacularly obvious around the Mediterranean basin, but it is also true in northern Europe.
These five case studies, commissioned by the OECD, examine failures of forest management in Britain, Spain, Italy, Germany and Sweden. They look at both market and intervention policies and show how each can further the destruction of the forests, and they set out ways in which future policies can evade the mistakes of the past.

Originally published in 1992


Wetlands are vital and valuable resources, both as rich and unique wildlife habitats, and for the functions they fulfil - providing flood and sediment control and coastal protection, as carbon sinks and pollution buffers, for their role in storing and recycling nutrients, as well as for their recreational value. Too often, however, their true value has been overlooked or underestimated and they have been mismanaged or destroyed as a result.

This volume, commissioned by the OECD presents four case studies of the management policies of wetland environments in the UK, USA, France and Spain. They show how both markets and direct intervention have resulted in failure, severely reducing the amount of wetland and jeopardizing the remainder ,and they set out measures that will mitigate damage in the future .Turner and Jones have produced an essential work in the growing area of environmental economics. Originally published in 1991