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Abstract

Throughout the globe, forestry faces predictable trends associated with the transition from reliance on natural forests to ones created through human stewardship. Laid over the ordinary economics of this transition are increases in the values of the environmental services that forests provide. The three general approaches to forest management--natural forest management, plantation forest management, and preserve management--are evaluated in this economic context. The USDA Forest Service has interesting opportunities to apply each approach, but doing so will require profound organizational changes.

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