Research Reports
Monitoring Financial Performances of Major Forest Projects

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AuthorSeok, Hyundeok
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Publication Date2006.12.01
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Original
This study investigate the performances of publicly financed projects of the forest sector. The main purpose of the investigation is to reveal problems of allocating and utilizing public finances for the projects.
Eight major projects such as replanting trees after forest fires, promoting marketing of forest products, purchasing private forest lands for extending national forests, and training forest labors are selected and analysed.
Several problems in each project were revealed during the process of monitering and reported to the executive teams dealing the projects in Korean Forest Service. Most of revealed problems were fixed during the monitoring process, while some of them still remained unfixed.
Policy implications and proposals for enhancing performance of major financed projects were provided for each project in addition.
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