
Contents
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15.1 COASTAL WETLANDS: PRODUCERS OF GOODS AND SERVICES 15.1 COASTAL WETLANDS: PRODUCERS OF GOODS AND SERVICES
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15.1.2 Development pressures 15.1.2 Development pressures
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15.2 THE USE OF EXTENDED BENEFIT-COST ANALYSIS 15.2 THE USE OF EXTENDED BENEFIT-COST ANALYSIS
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15.2.1 Benefit-cost analysis in theory 15.2.1 Benefit-cost analysis in theory
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15.2.2 Benefit-cost analysis in practice 15.2.2 Benefit-cost analysis in practice
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15.2.3 Valuation methodology 15.2.3 Valuation methodology
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15.2.4 Property rights, benefit valuation, and assessing development benefits 15.2.4 Property rights, benefit valuation, and assessing development benefits
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15.2.5 Institutional factors 15.2.5 Institutional factors
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15.3 EXAMPLES OF MANGROVE VALUATION 15.3 EXAMPLES OF MANGROVE VALUATION
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15.3.1 Thailand 15.3.1 Thailand
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15.3.2 Malaysia 15.3.2 Malaysia
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15.3.3 Indonesia 15.3.3 Indonesia
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15.3.4 Ecuador 15.3.4 Ecuador
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15.3.5 Fiji 15.3.5 Fiji
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15.3.6 Irian Jaya, Indonesia 15.3.6 Irian Jaya, Indonesia
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15.4 AN ALTERNATIVE APPROACH TO EVALUATION OF DEVELOPMENT OPTIONS 15.4 AN ALTERNATIVE APPROACH TO EVALUATION OF DEVELOPMENT OPTIONS
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15.5 CONCLUSIONS 15.5 CONCLUSIONS
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REFERENCES REFERENCES
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15 The Management of Coastal Wetlands: Economic Analysis of Combined Ecologic-Economic Systems
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Published:November 2000
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Abstract
Coastal wetlands are complex and they tend to be very sensitive to changes in hydraulic conditions: natural and human-made. Such wetlands provide various ecological functions, including groundwater recharge, flood control, nutrient retention, and micro-climate stabilization. They are also a source of various products including water supply and fisheries. Despite these direct and indirect values, they are often subject to development pressures (i.e., converting the wetlands for other purposes such as land development), usually based on benefit cost analysis (BCA). The chapter argues that an extended benefit cost analysis that includes the external and environmental benefits is needed. Six case studies of valuation of services of mangroves are discussed, including those of Thailand, Fiji, and Indonesia. Based on these, it is argued that a combined economic-ecologic analysis is needed to analyse properly management and development options for coastal wetlands.
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