Understanding the impacts of the 2007–08 Global Financial Crisis on sustainable forest management in the Brazilian Amazon: A case study

摘要: Abstract In 2007 and 2008, the world experienced a significant Global Financial Crisis (GFC). Several factors were perceived as drivers of crisis, however, its dynamics consequences for natural resources environment remain largely unknown, particularly in Brazil. Combining grounded theory case study methodologies, this research explores contrasts perspectives highly knowledgeable stakeholders on how GFC impacted sustainable forest management Brazilian Amazon, using State Para study. Our findings indicate that cannot be considered unique phenomenon impacting SFM it is intimately linked to other political, social environmental events unfolding within Brazil at global level. Decreased deforestation was have occurred due restrained production, increased risk aversion, public awareness enhanced government efforts towards law enforcement. The forest-based exporting segment seen suffer most severe impacts crisis. Environmentally friendly initiatives offer product differentiation market; while investments non-market-oriented restrained. results suggest times economic policy-makers need focus both formal informal economies order promote objectives.