ABSTRACT
Relying on forest economics pillars and principles, so mainly production-oriented, shows how the analysis of the sector and of forest investments could evolve while the tertiarization of the economy increases the importance of services, in particular those directly related to forests. One of the main works undertaken by forest economists is sector analysis to help identify the most important investments in forest. This chapter presents a case for an integrative forest policy instrument, in particular land use planning, and develops principles for its implementation. As the services provided by the forests gain increasing relevance for society, the social dimension of forests increases. The analyses of the forestry sector, of its investments and land use, should involve the stakeholders and be reactive to changes in values and norms. Framing the forestry sector is needed to help prioritize forest investments. The forestry sector is influenced by the new global context.
