?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F4593%2F&rft.title=The+Former+USSR+Forest+Sector+and+Capital+Constraints&rft.creator=Perez-Garcia%2C+J.&rft.creator=Backman%2C+C.A.&rft.description=This+study+presents+an+analysis+of+the+likely+capital+constraints+that+Russia+and+other+republics+of+the+former+Soviet+Union+will+face+under+evolving+competitive+market+conditions.+As+such+it+serves+as+a+first+step+in+determining+the+future+of+forestry+in+the+former+Soviet+republics%2C+particularly+Russia.+%0A%0AThe+objectives+of+the+study+are+to+identify+likely+competitive+price+responses+in+the+former+Soviet+Union+market+for+roundwood%2C+the+likely+impacts+of+different+levels+of+roundwood+exports+on+international+prices+and+the+feedback+of+international+prices+may+have+on+the+domestic+price.+The+study+postulates+that%2C+without+adequate+levels+of+investments+in+harvesting+and+processing+capacity%2C+domestic+demand+--+with+below+international+market+prices+--+will+further+erode+the+existing+capital+base.+As+a+consequence+capital+constraints+will+lead+to+serious+shortages+in+wood+supply+in+the+near+future+in+the+absence+of+capital+investment.+A+more+rapid+approach+to+market+prices+would+force+serious+inflationary+pressures+on+domestic+demand.+%0A%0AThe+results+of+the+study+may+be+used+to+determine+possible+policy+strategies+needed+to+forestall+a+decline+in+output+in+the+forest+sector.+A+collapse+of+the+forest+sector+will+lead+to+serious+wood+shortages+in+meeting+the+domestic+demands+of+former+Soviet+republics+and+may+lead+to+a+deterioration+in+the+environment.+Lower+returns+to+the+sector+will+limit+forest+management+activities.+The+forest+sector+may+also+miss+the+opportunity+to+raise+foreign+exchange+in+international+markets.&rft.publisher=CP-95-001&rft.date=1995-03&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F4593%2F1%2FCP-95-001.pdf&rft.identifier=++Perez-Garcia%2C+J.+%26+Backman%2C+C.A.+%3Chttps%3A%2F%2Fpure.iiasa.ac.at%2Fview%2Fiiasa%2F1137.html%3E++(1995).++The+Former+USSR+Forest+Sector+and+Capital+Constraints.+++IIASA+Collaborative+Paper.+IIASA%2C+Laxenburg%2C+Austria%3A+CP-95-001+++++