Comments On Some Forestry Economic Issues Raised In The World Bank's paper : The Economics Of Longterm Management Of Indonesia's Natural Forest

Abstract

Royalties collected from forestry business shall be considered as resources rent to be collected by the owner of the resource. Based an that principle, current amount of tbe royalties from forestry business is considered to low. In 1992, at the National Seminar on The Economics Aspect of Forestry Business in lndonesla, conducted by the Ministry of Forestry and the APWl in Jakarta, I concluded such statement in my paper that the amounts of the royalties was too low, and generally shall be increased.