Following the introduction of the 200-mile extended economic zone (EEZ), many developing countries suddenly found they had large fish resources, which – wisely managed and exploited – could generate wealth and income of immense benefit. However, one constraint to this was that many countries, for historic reasons, lacked the expertise to manage fisheries on this scale. Despite the need for information, few economists and especially development economists teaching in universities and colleges were able to incorporate fisheries economics into their courses owing to the lack of readily accessible material. As a result, many rising economists were failing to recognize the global importance of fishers as an economic resource capable of generating substantial wealth and income to many countries. Economics of Fisheries Development provides an accessible exploration of this area of economics, introducing development economists to some of the problems of developing fisheries in areas of the world where fisheries now present great growth prospects. The case studies used throughout the book are nearly entirely drawn from developing countries.

Aquaculture technology has been evolving rapidly over the last two decades, led by an increasingly skilled cadre of researchers in developing countries. Rather than copying, or adapting work done in industrialized countries to their situations, these scientists are moving aquaculture research out of the box to explore species and production systems relevant to their natural resources, economies and social institutions. Studies from India, Latin America, the Middle East and Africa are highlighted in this collection of papers, covering the entire gamut of aquaculture science from comparison of tilapia breeds, novel feed ingredients for indigenous species, improving disease resistance, water-use efficiency, traditional farming systems, spatial planning and economics. More than a how-to book, this volume introduces the researchers and institutions leading the development of aquaculture as it expands into new frontiers. This book was based on a special issue of the Journal of Applied Aquaculture.

Aquaculture may not be the panacea for the world's food problems, but It has the potential to make important contributions to diet and incomes in some areas. This book, intended to improve planning for further development of aquaculture, examines the factors that can determine the success or failure of aquaculture projects in developing countries.

Economics of Aquaculture presents basic economic theory in a concise and logical format which is easily adaptable to practical application. Examples of economic solutions to common problems help you understand the need for economic application to aquaculture and the success that may come with sound economic planning and management. It also provides coverage of virtually all basic principles of microeconomics, farm management finance, and marketing applicable to the aquacultural industry. You will “walk” through the intricate maze of decisions which are necessary for success in the business environment.The regular and on-going business of aquacultural production and marketing is addressed as a continuous problem set for the student or producer. Business decisions are shown to be logical extensions of those in production and vice versa. A successful producer must be a successful business person if production is to remain an option. Thus, the real and logical need for economics in production is carefully presented.Additionally, producers and students alike will find that application of careful economic planning results in long-term viability for individual producers as well as community projects, cooperatives, or even governmental projects. Special sections in the book illustrate the savings or costs of right and wrong decisions as well as those related to short versus longer term planning and investment. Other topics covered in this book include: role of aquaculture in economic development fish demand and supply farm management and operation time value of money in the short- and long-term capital budgeting market structure and price theory government in aquacultureAlong with students, other readers will find the business help they need in Economics of Aquaculture. Professional aquaculturalists will find the topics of basic production economics, marketing, and cost analysis particularly relevant and governmental administrators will find the presentation of basic principles, time value of money, capital budgeting, and the role of government in aquaculture a valuable resource for years to come.

This book explores the social, economic, and policy problems associated with introducing new agriculture and aquaculture technology to developing nations as a means for expanding food supplies and increasing well-being. The contributors examine three general facets of planning for technology transfer and consider methodologies that enable effective

There is ample evidence that, when properly conducted, especially as a business (commercial) activity, aquaculture can make significant contribution to national food security, poverty alleviation and economies, factors which often determine policy makers' support to any sector. Yet, quantitative evaluation of these merits is poorly documented, particularly in developing countries, which often limits the much needed political and financial support to the sector for its adequate development. This paper suggests to measure aquaculture's contribution to a country's economy through the "aquaculture employment multiplier." While the document refers to "commercial aquaculture" throughout, the methodology developed can be applied to aquaculture in general.