Economist: Tens of billions of dollars in forest products are being overlooked
Published Date: 4/11/2024
Source: phys.org
In the Roman Empire, custom taxes on spices, black pepper in particular, accounted for up to a third of the empire's annual income. During the late Middle Ages, European efforts to cut out middlemen and monopolize the spice trade led to colonization in Asia. Historically, non-timber forest products have frequently played a key role in the global economy.