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By Frank J. Convery

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Using regression analysis, they found a strong positive association between the degree of national indebtedness and the extent of tropical forest clearance. Their findings contrast with those of Capistrano and Kiker (1990), who examined the relation between tropical forest clearance and a range of variables, including real per capita income, rate of real currency devaluation, population growth, and international debt, in a number of countries, including 20 African countries, over the 1967-85 period.

Not everything can be done; choices have to be made. Economics helps explain the choices that are made and helps in the evaluation of choices in investment and consumption. Market prices are the signals that drive many decisions. This concept of incentives, reflected in prices and otherwise, is central to the contribution that economics makes to the understanding of behavior. The systemic response to prices of goods, services, capital, labor, and so on makes possible the prediction of outcomes to changes at the levels of the firm, consumer, and nation.

Convery is the Director of the Environmental Institute of University College, Dublin. Library of Congress Cataloging-in-Publication Data Convery Frank J.  Convery.  cm.  Africa Technical Department series) Includes bibliographical references and index.  Series: World Bank technical paper; no.  Africa Technical Department series. 7'096dc20 95-1897 CIP Page iii Africa Technical Department Series Technical Paper Series No. 122 Dessing, Support for Microenterprises: Lessons for Sub-Saharan Africa No.

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