Global financial crisis impacts and reactions are the main focus of the latest edition of the Southern Hemisphere Forest Industry Journal.
The global financial crisis is setting the stage for a re-shaping of the Southern Hemisphere forest industry. In this edition of the Journal forest industry leaders and commentators to help put the impacts and responses into perspective for readers. Although each country has had different reactions, most had some similarities to a certain extent.
As Chile's Aldo Cerda put it, forestry has been caught in a "perfect storm" where tumbling markets and lower prices meet tighter credit controls.
New Zealand's Dave Anderson notes how the severity of this downturn could be expected to deliver a rationalisation of the industry, so that only the large survive. ournal. For more information, go Southern Hemisphere Forest Industry Journal Vol 14 No 4 .
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