CINTRAFOR NEWSLETTER


Fall 1998
Volume 13 Number 2

Contents

- Director's Message
- Developing a Market Strategy to Introduce Lesser Used Timber Species
- The Korean Market for Wood Frame Housing
- Forest Policy: Ready for Renaissance While the signals from the Asian economic crisis are mixed, there is more evidence of it deepening than bottoming out


Director's Message

Bruce Lippke

While signals from the Asian economic crisis are mixed, there is recent evidence that the economic downturn will deepen rather than bottom out. The impact of a prolonged and deep recession will have a profound impact on the Pacific Northwest (PNW) wood products sector. Without a strong cyclic market recovery, wood products from the PNW will continue to be in surplus and prices may decline further. After 1990, wood from the PNW commanded high prices as a result of timber harvest and log export restrictions. More recently, prices have declined as Asian buyers have located new lower cost suppliers. The demand for high quality wood has played a significant role in sustaining the demand for timber from the PNW, yet if the Asian market remains depressed the PNW will continue to lose market share to lower cost producers. Primary and secondary producers in the PNW appear competitive now because timber prices are low, yet this competitive edge may be temporary. Timber prices would be expected to increase as the Asian economy recovers and the region's products would lose the competitive factor currently most important - an inexpensive raw material supply. The region has already lost market share to Canada, other US regions, and international producers because their raw materials were less expensive. The export statistics (featured on page 6) illustrate the impacts of Asian markets as well as a continuing decline in the PNW's market share.

For those interested in keeping up to date with the changing impacts of the Asian economic crisis, CINTRAFOR will be co-sponsoring the 15th Annual Jay Gruenfield Associates Seattle Marketing Conference on December 7 and 8, 1998. Members of industry and academia will present information about the outlook for the international market for wood products, and the impact of social and political change on the forest products industry. A complete conference schedule and registration sheet is enclosed in this issue.

Also featured in this issue is an article about the market potential for wood frame homes and wood-based building materials in Korea. As consumer income has increased wood frame housing has received more attention from consumers and potential suppliers. CINTRAFOR researchers traveled to Korea and completed a market assessment for the American Forest and Paper Association. A synopsis of the market assessment is included.

Another article appearing in this issue discusses the role of lesser-used species in wood-based manufacturing. Based on surveys of timber processors from the Philippines and Ghana, manufacturers from the UK, Ireland and the US, and lumber wholesalers from the US, the article provides advice for developing a marketing plan for lesser-used timber species. Another publication relating to factors that influence product use is titled "Adoption Diffusion, and Substitution of Structural Wood Products" (WP65). The paper presents the results of a multi-generation forecasting model that assesses and forecasts the influence of successive generations of structural wood panel products on earlier ones.

Among other newly released publications, "Forest Policy: Ready for Renaissance" SP29 is a collection of essays by a group of scholars from backgrounds in social and quantitative science who participated in a forest management conference that took place in the fall of 1996. Conference participants discussed various aspects of what values are important from our forests, how these values should be achieved, and how multiple or competing values can be measured. The essays include a mix of scientific approaches, legal aspects, economics, and philosophical debate that represent a significant contribution to the field of ecosystem management. CINTRAFOR has also just released the findings of a research project titled "The role of Manufacturing Clusters in the Pacific Northwest Forest Products Industry" (WP66). The paper presents information regarding how groups of small firms in the PNW originate and survive in light of supply and market fluctuations.

 


Developing a Marketing Strategy to Introduce Lesser-Used Timber Species

Dr. Ivan Eastin, Associate Director, CINTRAFOR and David Wright, Consultant, Hartmand and New Hope, Bellevue, WA

As the price of traditional timber species in North America and the tropics increases and the quality declines, manufacturers and producers are beginning to look to species that were previously ignored. Attention toward lesser-used species (LUS) in tropical areas is also gaining attention as environmental groups boycott tropical hardwoods as a way to reduce deforestation and non-sustainable forest practices.

While LUS have the potential to substitute for traditional species in many markets, forest products traders and manufacturers still appear somewhat reluctant to accept LUS as substitutes for traditional species. This reluctance can be attributed to concerns about reliability of supply of LUS, manufacturing characteristics of LUS, and in-service performance of LUS. The challenge of promoting LUS is the development of an effective marketing strategy to introduce LUS as new industrial materials. Developing an effective marketing strategy requires a thorough understanding of the interrelationships between the factors that influence end-user acceptance of new species in industrial markets. Exploratory research indicates that the decision to evaluate an LUS is related to the availability of technical information describing appropriate end-use applications, its substitutability for a traditional species, its processing characteristics, its availability and price, and promotional incentives that reduce the risk associated with trial use of the LUS.

To develop a better understanding of the effectiveness of different marketing factors in promoting the acceptance of LUS, five surveys were administered in producing and consuming countries. The sample frame (and sample size) for the firms surveyed were: Ghanaian wood processors (68 firms surveyed), Philippine wood processors (537 firms surveyed), timber importers in the UK and Ireland (38 firms), US tropical hardwood lumber and veneer importer/wholesalers (100 firms), and US lumber wholesalers (619 firms). The response rate obtained from each of the surveys was 91 percent (Ghana), 4.6 percent (Philippines), 62.9 percent (UK/Ireland), 68 percent (US importers), and 28 percent (US wholesalers).

RESULTS

A majority of the respondents in each of the countries reported that they currently use or market LUS to some extent. Over 80 percent of the respondents in the US, 75 percent of the respondents in the Philippines, and two-thirds of the respondents in Ghana use LUS, while just over half of the respondents in the UK/Ireland reported some experience with LUS. Despite their familiarity with LUS, most respondents reported that their customers have been reluctant to try LUS. Obviously, it appears that the challenge for gaining a broader market acceptance of LUS lies in convincing manufacturers and end-users in developed countries to use LUS in place of traditional species.

Survey respondents were asked to evaluate the effectiveness of different marketing factors in promoting the acceptance of LUS, Table 1. The survey data indicate that the four highest rated marketing factors were all considered to be very important in promoting market acceptance of LUS. By far, the most important factor was the availability of a reliable supply of LUS. The other factors, in order of perceived importance were the availability of technical data, the availability of small trial volumes, and a low initial trial price.

Table 1. Importance ratings of various marketing factors in promoting the market acceptance of LUS.

Marketing Factor

Ghanaian Mfrs.

Philippine Mfrs.

US Importer

UK/Ireland Importer

US Wholesaler

Weighted Mean

Reliable supply

6.15

6.67

6.46

6.67

6.45

6.44

Availability of technical information

6.17

6.38

5.36

5.86

5.51

5.66

Availability of small trial volumes

5.24

5.30

5.48

5.90

5.53

5.49

Low trial price

4.38

5.71

5.18

5.90

5.40

5.26

Acceptance of LUS by influential firm

5.32

5.57

4.48

5.33

5.45

5.24

Availability of promotional materials

n/a

n/a

4.81

5.20

5.26

5.14

Certification of sustainability

6.30

5.25

4.39

5.52

4.41

4.81

Money-back guarantee

3.48

4.52

4.72

4.71

4.30

4.31

Response based on a Likert-like scale where: 1= Not important, 4=Somewhat important, 7=Very important.

Two marketing factors that received lower importance ratings merit additional discussion: availability of a range of products manufactured from LUS and certification of products manufactured from LUS derived from sustainably managed tropical forests. Somewhat surprisingly, survey respondents rated the availability of a broad product line as being only moderately effective (4.51) and it received one of the lowest importance ratings of all the marketing factors. The second factor, certification of sustainability received a mean importance rating of 4.81. However, while respondents from the US rated this factor as being only moderately effective (4.40) in promoting the acceptance of LUS, respondents from Ghana (6.30), the Philippines (5.25), and the UK/Ireland (5.52) felt that this strategy would be very effective in promoting market acceptance of LUS. This suggests that environmental certification of wood products has become more accepted within the international forest products industry than in the US. The results of the LUS survey were used to develop a set of preliminary marketing recommendations to help effectively market LUS.

PRELIMINARY MARKETING RECOMMENDATIONS

Determine the technical characteristics of each LUS. It is crucial that the appropriate technical and processing information be presented in an easily understandable format and distributed to existing and potential end-users. Literature should include not only information about the physical and mechanical properties of the wood, including processing characteristics, but also procedures to help processors develop kiln drying schedules and preservative treatment.

Identify appropriate end-uses for each LUS. Technical information should provide the basis for making recommendations about the appropriate end-uses for each LUS. While the technical characteristics of a species are good indicators of appropriate end-use applications, they are not foolproof. To ensure that an LUS is appropriate for a specific end-use application, it is important that prototype products be manufactured, tested, and evaluated. These prototype products could also be used as demonstration products at international and domestic trade shows and industry exhibitions.

Identify established species for which each LUS can be substituted.Technical information should be used to identify traditional species for which an LUS can be used as a substitute. This information should provide the basis for encouraging end-users to try an LUS as a substitute for higher priced traditional species. Emphasis should be focused on the fact that the LUS is technically similar to the traditional species but is available at a lower price.

Develop a reliable resource and product supply. Nothing is more frustrating to an end-user than investing a substantial amount of time, energy, and capital in evaluating an LUS only to find that the species is not readily available. It is critical for the supplier to ensure that a reliable source of supply is available before implementing a marketing program. Developing a demand for an LUS prior to securing a source of supply can undermine the initial efforts invested in developing a marketing strategy.

Identify and target appropriate niche markets, including domestic and regional markets. Each LUS possesses a unique set of wood properties, which to a large extent define the types of products that can be manufactured. In addition, within the wood processing industry is a segment of manufacturers who are innovative and therefore more willing to try LUS. In order to maximize the chances for successfully introducing LUS into the marketplace, it is important that each LUS be promoted, at least initially, to those manufacturers who would be most likely to try a new species.

Develop effective promotional materials. While technical information should be a component of the promotional material, the basic function of the promotional material should be to encourage processors to try the LUS. Promotional material should include general information on each LUS including the volume of the available resource, basic wood properties, a summary of the technical information, and a listing of the appropriate end-use applications. Where appropriate, the promotional material should emphasize the ability of the LUS to substitute for traditional species that may be higher priced or in short supply. Finally, the promotional strategy should identify the appropriate outlets and forums for making this information available to manufacturers and exporters.

Develop an effective marketing strategy for each market segment. Having developed the information described in the previous steps, this information should be synthesized into a marketing strategy that will maximize the chances of gaining the acceptance of the LUS in the marketplace. This includes identifying the appropriate product mix and targeting these products to customers who are most likely to try an LUS. This means establishing a pricing policy that will encourage end-users to try LUS in preference to the more established species. It means identifying distributors who have experience selling LUS or who have demonstrated a willingness to invest the required time and effort in promoting these species and their products to their customers. It also means effectively integrating the promotional strategy into the marketing strategy. For example, this may include exhibiting products manufactured from LUS at international exhibitions and trade shows.

Assist local firms in acquiring reliable market information. Not only is market information important in order to identify appropriate niche markets for each species, it is equally important to identify product/market combinations where a specific LUS may have the greatest chance of gaining market acceptance. This is true for both the domestic market and export markets. The process for acquiring market information should be institutionalized so that it can be used over the long-term, but also include both formal and informal channels.

Provide technical and marketing support to the local industry, importers, and end-users. Having invested a tremendous amount of resources in developing information required to effectively market LUS, managers and researchers should be prepared to assist local processors who are interested in incorporating LUS into their raw material mix. For example, in Ghana and the Philippines programs could be established to provide technical assistance in transferring new processing technologies to industrial scale manufacturing operations.

Examples of LUS in the United States

US East

US West

Hardwoods

Softwoods

Hardwoods

Softwoods

Red maple

E. hemlock

Big leaf maple

Bishop pine*

Osage-orange

Black oak

Coulter pine*

Honeylocust

Tanoak

Jeffrey pine*

Hickory spp.

Pacific Madrone

Pinyon pine

Gum spp.

Juniper

*These species, listed as "occasionally used" in the WWPA Supplement No. 5, received

assigned design values in 1998, allowing them to be included in the West Woods species group.

 

Examples of LUS in Ghana and the Philippines

Ghanaian Lesser-Used Species
(trade name)

Albizia ferruginea (AWIEMFOSAMINA)

Antrocaryon incraster (APROKUMA)

Bombax brevicupse (ONYINAKOBEN)

Canarium schweinfurthii (BEDIWONUA)

Ceiba pentranda (ONYINA)

Celtis spp. (ESA)

Chrysophyllum giganteum (AKASA)

Cylicodiscus gabonensis (DENYA)

Daniela ogea (OGEA)

Petersianthus macrocarpus (ESIA)

Pycnanthus angolensis (OTIE)

Sterculia rhinopetala (WAWABIMA)

Strombosia glaucescens (AFENA)

Philippine Lesser-Used Species
(trade name)

Alstonia scholaris (DITA)

Amoora aherniana (KATO)

Celtis luzonica (MAGABUYO)

Calophyllum blancoi (BITANGHOL)

Diospyros inclusa (ANANG-GULOD)

Diospyros pyrrhocarpa (ANANG)

Diplodiscus paniculatus (BALOBO)

Duabanga moluccana (LOKTOB)

Erythrina subumbrans (RARANG)

Ficus balete (BALETE)

Lithocarpus llanosii (ULAYAN)

Macaranga tanarius (BINUNGA)

Myristica phillipinensis (DUGUAN)

Nephelium mutabile (KAPULASAN)

Octomeles sumatrana (BINUANG)

Palaquium luzoniense (NATO)

Palaquium philippense (MALAK-MALAK)

Pometia pinnata (MALUGAI)

Sterculia philippenensis (BANILAD)

Terminalia foetidissima (TALISAI GUBAT)

Trema orientalis (ANABIONG)

Xanthophyllum excelsum (BOK-BOK)

Ziziphus talanai (BALAKAT)



The Korean Market for Wood Frame Housing ( Also see Related Publications )

Rosemarie Braden, CINTRAFOR Research Analyst

In recent years, the South Korean (Korea) market for wood frame housing and building materials has gained increased attention from US manufacturers and exporters. The Korean economy has demonstrated strong growth since the end of the Korean War and is now the eleventh leading economy in the world. Prior to the recent Asian economic crisis, more families were able to purchase single-family homes because consumer incomes were rising. Within this sector, wood frame homes are becoming more prevalent. The Korean government has almost reached With a land size slightly larger than the State of Indiana (38,031mi2), Korea is populated by almost 46 million people. The country is primarily mountainous, with approximately 80 percent of the country’s population residing in lowland urban areas. By 1998, Korea’s population density reached 1,185 people per square mile in urban centers.

Limited domestic resources make Korea heavily dependent on imported wood products, importing almost 88 percent of the wood it consumes. In 1996, Korea imported 6.8 million m3 of softwood logs, 1.4 million m3 of hardwood logs, and 366,000 m3 of softwood lumber. While almost two-thirds of the country is covered by forestland, forestland totals only 1,594,324 acres, or 0.37 acres per capita, one-quarter of the world’s average. The majority of the timber supply is low quality due to earlier over-harvesting and forests comprised of slow growing immature timber, with three-fourths of domestic timber stands made up of coniferous trees between 11-30 years old. A lack of intensive forest management, including pruning and thinning has most likely constrained the quality of reforestation. Small diameter logs (below 30 cm) represent 97 percent of total log production.

Because the timber resource quality is low and the majority of trees are small diameter, domestic roundwood is primarily processed into pitprops, lumber and plywood, and wood chips for pulping. Domestic timber production in Korea has been historically low, with just under 1,200,000m3 of roundwood produced in 1996. Current domestic production of lumber and other products totals almost 700,000 m3. A government imposed cutting restriction also limits domestic harvest to 11 percent of the annual timber volume increase. The timber that is harvested for processing equals only 20-30 percent of Korea's total timber inventory, much of which is low quality and inferior and pest damaged tree cutting equals more than one-half of total harvested timber.

Although logs, lumber, and chips are leading imports, the general trend in import expenditures indicates a decline in primary products such as logs and chips, and an increase in secondary products such as windows, doors, and prefabricated homes as well as lumber. Revenue from logs, lumber, veneer, and plywood remain much greater than secondary manufactured products, however these materials are exhibiting strong growth. According to Foreign Agriculture Service statistics, logs, particleboard, and fiberboard expenditures have declined since 1992, whereas expenditures on lumber, veneer, plywood, wooden doors and windows, and wood frame homes have increased. Wood frame homes display the most significant growth of all the products tracked, with a 1023 percent increase, and expenditures totaling $29.2 million in 1997 (Table 1). In terms of revenue growth, veneer imports were followed closely by wooden door and windows, which increased 216 percent and totaled $101 million.

Table 1. Korea's total forest product imports, 1992-1997 (US $ millions).

 

Product

 

1992

 

1993

 

1994

 

1995

 

1996

 

1997

% Change 1992 vs 1997

Logs

919

1,183

1012

1,047

963

877

-5%

Lumber

250.2

452

373

409

465

453

81%

Veneer

30

37

55

46

64

112

270%

Particleboard

72

91

72

91

77

54

-25%

Fiberboard

28

56

69

40

26

25

-9%

Plywood

351

552

536

594

531

449

28%

Doors & windows

32

48

67

80

110

101

216%

Wooden homes

2.6

1.9

1.2

11.0

22.6

29.2

1,023%

Total

1,790

2,599

2,413

2,605

2,568

2,375

33%

Source: Foreign Agriculture Service 1998

US Department of Commerce statistics also show that Korea is becoming an increasingly important market for the US. The US exported $43.8 million in secondary processed products in 1997, a 178 percent increase since 1989. According to these statistics, US secondary building products continued to increase during the eight-year period. Total primary products, however, have been more volatile during the same time period and declined from $344.7 million in 1992 to $256 million in 1997.

Wood Frame Homes and Building Materials

Concrete formwork is the leading use of wood in Korea. However, the end-use market with the greatest potential for growth appears to be the wood-frame residential construction industry. While this sector is small compared to other wood imports, it has increased significantly from its first introduction to the Korean market. The number of western style wooden housing starts increased from 97 units in 1994 to approximately 800 units in 1996 and an estimated 1,100 homes in 1997. Revenues from homes exported from the US increased from $2.2 million in 1992 to over $17 million by 1997. In addition, as indicated in Table 2, floor area for wooden buildings increased 79 percent from 100m2 to 179m2 between 1989 and 1997. Single-family homes and townhomes, also referred to as link or row houses, are also gaining new popularity. These two types of housing represented 22 percent of all housing units built in 1996, a 4 percent increase since 1992.

Table 2. Building permit floor area by construction material (1,000m2).

Construction Material

Year

Total

Concrete

Brick & Stone

Wooden

Other

1989

88,600

70,800

17,100

100

500

1990

116,400

92,900

22,200

100

1,200

1991

105,200

88,700

14,100

200

2,200

1992

94,700

80,100

11,400

200

3,000

1993

117,800

99,000

12,200

200

6,400

1994

116,211

102,727

8,527

123

4,854

1995

117,327

103,134

9,086

89

5,022

1996

113,820

101,940

7,193

131

4,557

1997

113,374

104,214

5,105

179

3,881

Source: Foreign Agricultural Service 1998

Imports

The leading suppliers of wooden homes and building materials to Korea are the US, followed by Canada and Northern European countries. The US maintains 59 percent of the Korean imported wooden home market, although Canada is a strong competitor. Canadian government sponsored trade delegations, industry sponsored model home projects, and trade show participation have had a positive impact on end-user consumption. Revenue from Canadian wood homes increased 649 percent since 1992, totaling $8.6 million in 1997, representing 28 percent of the imported wood home market. Northern European-style homes have also become increasingly popular and are most often recreation homes or cabins. Prefabricated homes from Finland, Sweden, and Russia, which were nonexistent in the Korean market in 1992, totaled $1.7 million in 1997.

While North America dominates the home industry, the building components used in a wide variety of home and apartment construction projects are more price-sensitive and are dominated by tropical wood suppliers. For example, in 1997, the Korean market for wooden doors and windows reached $100 million with the US supplying $18.8 million or almost 19 percent of these imports. Doors and windows from Indonesia however, represented 62 percent of the wooden door and window market, followed by Malaysia, which supplied 17 percent of the market. This market is based on price, and the inability of US manufacturers to compete on the basis of price is reflected by its low market share growth for US doors and windows relative to the prefabricated home market. US market share of the Korean wooden window and door market has shown a 29 percent loss since 1992. Individuals who live in apartments are often unable to afford these higher priced components. However, single-family homeowners who are often less restricted by price, frequently select products solely on quality and appearance. These homeowners are more likely to purchase interior products made by the same country that produced their home. For example, Scandinavian homes are often used as cabins or recreational homes. As such, the homeowner often uses Scandinavian interior finish work, windows, and doors as a way to maintain a consistent appearance. Wood home consumers are influenced primarily by style, appearance, and quality. They are likely to seek interior and exterior designs that suit their taste as opposed to the lowest price available. Therefore, while no market statistics exist regarding the proportion of US products used in wooden homes, it is estimated that the US share of the interior and building components used in prefabricated homes is similar to the US share the wooden home market in Korea.

Recommendations

Findings from this study indicate that the consumer perception of wood frame homes is generally positive. Korean people view wood homes and wood in general as healthy and aesthetically pleasing. However, wood frame housing is considered housing for the affluent, and many people cannot afford high priced housing. The high cost of building materials and restrictive financing limits single-family home ownership predominately to the affluent. This is particularly true following the recent Asian financial crisis, which has caused the price of imported goods to double.

One of the most difficult barriers to expanding the market for wood frame construction is the Korean building code for wood frame construction. This code restricts the height, total floor area, and type of construction material used. The code limits wood frame construction to a maximum ceiling height of 9m (29.5ft) and a roof ridge height of 13m (42.6ft). It also limits wood frame construction to less than 3,000m2 total area (approximately 30,000ft2). Equally as restricting as the code that does exist, are the guidelines that do not exist. The absence of a complete building code allows builders who do not have a complete understanding of wood frame construction to build substandard or structurally unsound homes, which can have a negative impact on the entire industry.

Aside from the financial barriers to wood frame construction following the Asian economic crisis, there are several non-economic factors that can improve US presence in the Korean wood-frame housing market. While the wood frame construction industry in Korea must overcome the same obstacles that it did in Japan, namely the absence of a complete building code and high cost, there are several things that US suppliers can do to improve their market presence and success in this market. First, technology transfer plays a significant role in the success of wood frame housing in Korea. Since building inspectors do not exist, it is the responsibility of the construction company to provide safe, high-quality housing. Companies who report the highest worker productivity, construction quality, and consumer satisfaction, also report that they either use North American framers or use Korean carpenters who have been trained in North America. Second, advertising and relationship building are vital in order to educate Korean companies and consumers about US products. Korean consumers are heavily influenced by print and television advertising and home shows, yet there seems to be a general lack of knowledge among Korean construction firms regarding what products and services are available and which US suppliers exist. As such, many Korean housing companies use multiple suppliers from around the world. In addition, homebuilders, architects, and homeowners lack understanding of the proper use, storage, and maintenance of wood products. It is important that US product literature be translated into Korean so that Korean builders will understand proper material handling, storage, and product use. While economic recovery is not predicted to begin for at least two years, US producers should use this time to increase awareness of US products in Korea. At the same time, industry associations should focus on working with the Korean MOCT to revise their building codes to allow more varieties of wood frame construction, and promoting technology transfer as a means of insuring that structurally sound homes are constructed.

Related Publications: WP69, FS37 .


Forest Policy: Ready for Renaissance

Access to information has never been easier. Television, newspapers, and the Internet put everything from scientific reports to editorials literally right at our fingertips. With all of this information, fully informed decision making should be easy, right? According to several forest resource scientists, economists, and policy analysts, the decisions about forest management have never been more confusing. Inundated with rhetoric and science, individuals form their opinions about forest management from a few focusing events, personal experiences or groups they associate with. The issue of forest management has become one of the most hotly debated issues of our time, particularly in the Pacific Northwest. Despite the fact that more information than ever before is available about the ecological and social impacts of harvesting or preservation, it appears that the issue of forest management has been simplified into "forests versus jobs" and extremism pervades.

Ecosystem management has been proposed as a progressive alternative to commodity-based management with the ultimate goal to provide a balance between sustainable timber-commodity and non-timber values, yet it has been interpreted to include a wide range of alternatives. This attempt to balance timber-commodity and non-timber values has not brought interest groups to a consensus or melded scientific and philosophical views; rather, the two interests are still clearly divided. It can be argued that we are no closer to a consensus than we were in 1989 when log export bans and cutting restrictions were initially passed.

Several scholars of diverse backgrounds and opinions were invited to the Olympic Natural Resource Center in Forks, Washington, in the fall of 1996, to debate these issues and discuss various aspects of forest policy resulting in a collection of essays titled Forest Policy: Ready for Renaissance. The conference focused on three questions central to forest management. First, "what values do we want from our forests?" Second, "what are the best strategies to produce these values?" Third, how are multiple or competing values measured?" The essays include a mix of scientific approaches, legal aspects, economics, and philosophical debate that in sum represent a significant contribution to the debate of ecosystem management.

"Forest Policy: Ready for Renaissance" is available through CINTRAFOR as Special Paper 29.


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