A STUDY OF FINLAND’S EXPERIENCE IN THE DEVELOPMENT OF THE FOREST INDUSTRY

Sergey O. Medvedev and Mikhail A. Zyryanov

Regional and Sectoral Economic Studies, 2024, vol. 24, issue 2, 41-52

Abstract: Modern forestry is a synthesis of scientific achievements in economics, technology and nature management. The Russian forestry industry is significantly inferior to some foreign analogues. Considerable efforts to modernize a number of complex internal processes are required to improve its efficiency. To achieve more effective and faster changes it is possible to use the accumulated world experience in the development of the forest industry. The paper is devoted to studying such experience gained in the leading forestry country - Finland. The paper uses the classical research methods aimed at the analysis of the historical stages, the elements of the state regulation and the statistical indicators of the industry. The main results include the identification of the most important aspects that need to be changed in the Russian forest industry and can be transformed on the basis of the experience gained in Finland. The key elements to be developed are deep processing and maximum utilization of all woody biomass resources. From the point of view of scientific innovations, one of the important findings is the need for the forest industry to become more independent and responsible not only for the economy, but also for the environment and society. Thus, an important element of the modern development of the Russian forest industry should be, by analogy with Finland, the increase of the social responsibility of business. The Finnish experience is an argument in favor of the application of the principles of sustainable development in the forest industry. This allows not only to achieve environmental and social sustainability, but also to increase the economic efficiency of production. The Finnish experience is an important element in the development of the forest industry both in Russia and in other countries developing this industry.

Keywords: forest industry; Finland; sustainable development; deep processing; timber; forestry regulation; forest management (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.usc.es/~economet/reviews/eers2423.pdf
No.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:eerese:v:24:y2024:i:2_3

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Regional and Sectoral Economic Studies from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().