Introduction

This introduction presents an overview of the key concepts discussed in the subsequent chapters of this book. The book discusses the evolution of Alaska land policy, mainly as determined by federal actions, and considers the effects of federal land ownership and distribution on resources development. It examines the role of petroleum as the driving force in Alaska's economy in the 1980s, also considers the available alternatives to oil production, and assesses the state's economic prospects. The book deals with Alaska's two major resource areas other than petroleum. The book also discusses Alaska's natural environment—its air, water and landscapes, the protection of its wildlife and fisheries, and an array of associated environmental issues. It aims to explore the broad theme of resource endowments, economic markets, and public policies, and attempt to draw appropriate lessons about the limits of policy in Alaska resources development.