Tropical forests are disappearing at an unaltered pace, giving way to alternative land uses. This book gives an economic perspective on deforestation. Following a survey of different deforestation definitions, theories and empirical evidence, a case-study of Ecuador provides a versatile historical picture of factors affecting forest loss throughout different periods, regions and ecosystems. It is shown that policy and market failures alone cannot explain rapid deforestation; decision-makers follow a composite economic rationale in their continuous clearing of forests which can only be counteracted by concerted action.

Tropical forests are disappearing at an unaltered pace, giving way to alternative land uses. This book gives an economic perspective on deforestation. Following a survey of different deforestation definitions, theories and empirical evidence, a case-study of Ecuador provides a versatile historical picture of factors affecting forest loss throughout different periods, regions and ecosystems. It is shown that policy and market failures alone cannot explain rapid deforestation; decision-makers follow a composite economic rationale in their continuous clearing of forests which can only be counteracted by concerted action.