The Worldwide Economic Impact Of Bamboo

In a previous article, I touched upon some of theCompared to other forms of wood, bamboo is
things that make bamboo a highly desirablevery low maintenance. It requires little in the way
source of wood flooring that have nothing to doof weeding or other activities - it is already a
with flooring. In this article, I would like to expandgrass, and it will dominate grasses around it.
on that theme to make the argument thatTherefore it is a product that can be grown with
bamboo is a very special resource that provideslimited resources, equipment and knowledge.
many economic benefits to emerging countriesBamboo is not just important to developing
throughout the world.countries like the Philippines. According to UNIDO
Bamboo creates jobs and economic prosperity(the United Nations Industrial Development
for people in countries that lack the resources orOrganization), Bamboo accounts for nearly
infrastructure of more developed countries. Inone-eighth of India's total forest land - or 10 million
some countries, such as the Philippines, sugar hashectares (one hectare equals slightly less than two
been vital to the economy for years. It is aand a half acres). Industrial usage in India for
primary export that these countries rely heavilybamboo is, understandably, high, as it is used in
on as a source of jobs. So it comes as very badthe paper industry, construction, and energy. More
news to some countries that they are running outrecently, more consideration and urgency is being
of sugar. That's where bamboo steps in.given to the use of bamboo in the manufacture
Bamboo grows easily in many differentof finished products, which will likely result in
environments, and it is a strong substitute cropcontinuing growth in the Indian bamboo market.
for sugar. Where sugar once grew, the peopleBamboo is also a heavy crop in China, the country
can now grow bamboo for use in constructionthat ranks number one in terms of bamboo
and other purposes. It has been shown that it isacreage. Bamboo grown in China is used in the
more profitable for countries to export bamboo increation of craft and construction products,
a processed state rather than as a raw product,industrial and paper products, food, medicine, and
so this has resulted in the construction of plantsjuices/wines. It adds enormous value to the
and other processing facilities to turn the rawChinese economy while helping China preserve its
bamboo into a more final product. So jobs areforests by harvesting an easily renewable
being created that relate both to the growing ofresource, rather than cutting down trees.
bamboo and to the processing of the bamboo.Bamboo is a crop that will continue to play an
A problem developing countries have is fundingimportant role in the economies of emerging
the operations to grow and harvest bamboo. It iscountries for years to come. It provides
estimated that a new bamboo plantation reachesopportunity to people who need jobs, and it
profitability in five years or less, but lenders inprotects the environment by providing a resource
less-developed countries do not like to lendthat grows much quicker than trees. So the next
money to enterprises that will not show verytime you are shopping for hardwood flooring for
quick profitability. However, compared to theyour home, consider bamboo. The economic
many years it takes to grow and harvest hardimpact of the decision runs deep.
wood, bamboo is a less risky venture.