Coastal resources: assessing alternatives
1989
Dixon, J.A. (Environment and Policy Inst., East-West Center Honolulu, Hawaii (USA))
This paper discusses the potential of socioeconomic analysis as a tool in the management of common property natural resources, especially as it allows the evaluation of alternative scenarios. The failure of market forces to account for "externalities" implies that management interventions are needed to ensure long-term use of and long benefits from common property natural resources. This is illustrated by a case study from Bacuit Bay, Palawan, Philippines, where logging-induced erosion has killed coral reefs and negatively impacted fisheries and tourism. Forest conservation could have provided long-term benefits.
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