Towards sustainable forest management: an examination of the technical, economic and institutional feasibility of improving management of the global forest estate.
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This working paper seeks to define sustainable forest management(SFM) in terms of how different management objectives should be balanced and the spatial and temporal dimensions involved. The technical feasibility of SFM is discussed with reference to experiences in different regions. Its financial and institutional feasibility is also covered with regard to factors leading to market and policy failure. International aid to the forest sector is analyzed according to how it can contribute to the s ustainable management of different forest types.