Description
During the last three decades, international trade of forest products has expanded rapidly. As a case in point, China’s rapid economic growth has had profound effects on the forest economies of the Asian Pacific and the United States through demand for raw materials and exports of processed wood products (Katsigris and others 2005). Therefore, the forest portion of the 2010 Resources Planning Act (RPA) report anchors the national assessment in an international context, with specific focuses on U.S. imports and exports and how domestic production and prices relate to developments in the global forest sector.1 Using the Global Forest Products Model (GFPM) (Buongiorno and others 2003, updated in Buongiorno and Zhu 2011a), the authors of this document developed projections for world regions and selected countries that were consistent with the more detailed national projections of the United States Forest Products Module
