Changes in global markets for forest products and timberlands
In this chapter, the major global trends in the trade of forest products are briefly reviewed, followed by an analysis of foreign direct investment in forest industries. We then analyse the growth and structure of timberland investments. The driving forces of changes are identified and investigated. Trade liberalisation and a shift in consumption initially induce the change in supply of wood and wood-based products, and capacity investment growth from Europe and North America to Asia and Latin America. The reallocation of the forest industry’s production capacity is associated with the role of mergers and acquisitions, leading to increased foreign direct investment in the forest industry beginning in the 1990s. The changing face of forestry and the global market for wood products are coupled with timberland investment as a form of joint response to changing economies, markets, land values, technologies, and public policies. A few boxes highlight specific local issues, including non-wood forest products and trade, forestry investment as a local case in China, market perspectives of bio-economy from forestry in the case of Ontario Canada, and the growing importance of corporate responsibility in forest-based industries in response to greater environmental aware-ness of consumers.
| Main Authors: | , , , , , , , , , , , , , , , , |
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| Format: | biblioteca |
| Language: | spa |
| Published: |
Vantaa (Finlandia)
2010
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| Subjects: | PRODUCTOS FORESTALES, INDUSTRIA FORESTAL, MONTE DE PRODUCCION, COMERCIO INTERNACIONAL, LIBERALIZACION DEL INTERCAMBIO, INVERSIONES EXTRANJERAS, ESTUDIOS DE CASOS PRACTICOS, CHINA, CANADA, |
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