Uses an innovative approach toward integrating biophysical and socioeconomical components into environmentally sound, sustainable forest management practices in dryland regions. Covers technical considerations in dryland forestry, agroforestry systems, rehabilitation of saline regions, investment and employment opportunities, forestry extension programs and much more.

In recent years, issues related to forests have come to prominence on the international agenda. This reflects growing concern over the fate of forest ecosystems and possible loss of the benefits which they provide. In the process of moving towards sustainable management of forests, there is growing demand for practical methodologies for full valuation of forests which permit the contributions of forests to be presented more clearly and in a manner which decision-makers can readily appreciate. Appropriate techniques should be able to adequately capture forest values in terms of the environmental, social and production functions and to recognise the worth of both marketed and non-marketed goods and services. This publication reviews approaches which can overcome the limitations of conventional analysis and provides a reference framework to help clarify what approaches to forest valuation can or cannot work. The publication is not itself a manual on valuation techniques but by reviewing the various approaches, makes it possible to select appropriate methodologies for which it then refers readers to other publications which can provide ''how to do'' details.

This ground-breaking book combines detailed analysis of the forest sector with modern strategic management principles to develop a vision for sustainable forest management which is both practical and theoretically robust. The book adopts a holistic approach to propose a new theoretical framework for this once traditional sector; one which reconciles current thinking in strategic management with natural resource management.

Investment oriteria for agricultural and rural development projects. Economic impact of foresthy projects. Economic analysis of watershed projects. Discounting proceduers for project apprasais.