Excerpt from Advantages of Improved Forest Management Investments for the Timberland OwnerEconomic circumstances today are generally more favorable for investments in Georgia's forest resource than at any time in the past. The forest products indus try is expanding its capacity to produce lumber and paper pro ducts in the state and the prospects are that by the end of the century the annual industrial demand for timber will be twice that of today. Reflecting this economic develop ment and associated demand, timber prices in the state have been more than keeping up with the inflation of the past decade.Yet, an economic analysis of Georgia's forest resource poten tial indicates that the acreage upon which tree planting and natural stand management practices is currently being accomplished is falling about 50 percent short of that annually required to meet a doubling of timber demand.2 This management shortfall is almost entirely accounted for by the lack of improved forest management activity on the part of non-indus trial timberland owners who control over 70 percent of all Georgia commercial forest.It is apparent then that there is a continuing and growing market readily available tothe landowners who recognize the Opportunity.With the exception of some land that is too wet, inaccessible, too steep, or of poor site quality, most land is suitable for profitable timber growth. If the landowner fails to make economically feasible investments in forest practices he is forfeiting an opportunity to pro tect his personal wealth against the ravages of inflation by establishing a timber asset that will grow at a real economic rate that is at least as high, if not higher, than the rate of return to investments generally in the Nation's economy.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.