Conference Proceedings Or Journal
 

Problems with unregulated liberalization of the fishery product trade

Público Deposited

Conteúdo disponível para baixar

Baixar PDF
https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/0r967481h

Descriptions

Attribute NameValues
Creator
Abstract
  • Japan imported 35.44 million tons of fishery products in 2000, about 5 times more than in 1975, when imports overtook exports. This increase over the past 25 years is due to the following factors. On the demand side: 1) Increased imports of fodder driven by growth in domestic fish culture; 2) Increased imports of middle- to high-end fish and shellfish, such as shrimp and tuna, in response to rising Japanese living standards; On the supply side: 1) Imports of fishery products by major automakers and electric appliance manufacturers to improve Japan's trade balance; 2) Greater investment in fish culture and processing businesses, supported by the provision of technical guidance by Japanese general trading houses. An uninformed debate is now proceeding on the economic theory of "liberalization of trade," justified according to the principle of "comparative advantage." If we accept that "comparative advantage" leads to across-the-board economic improvement, natural justice dictates that those individuals who lose out a result of liberalization should be compensated by its beneficiaries. In other words, if "production specialization" is embraced as a national policy, the losers should not be assumed to be compensated by market forces: they need to be compensated through state-sponsored taxes and subsidies. The continued objections of the fishery industry to "unregulated liberalization of trade", and inescapable effect of globalization leading to bleak growth prospects and a widening gap between rich and poor, should be understood not as the complaints of a vested interest, but as a warning that these global-scale problems need local solutions.
  • Keywords: problems of difference in wealth, International Trade of Fisheries Products, bottlenecks in current mainstream economics, 21st century-type new social and economic system, globalization, Fisheries Economics, worldwide environmental problems, liberalization of trade, comparative advantage
Resource Type
Date Available
Date Issued
Citation
  • Okamoto, Masaru. 2004. Problems with unregulated liberalization of the fishery product trade. In: Proceedings of the Twelfth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 20-30, 2004, Tokyo, Japan: What are Responsible Fisheries? Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2004. CD ROM. ISBN 0-9763432-0-7
Conference Name
Subject
Declaração de direitos
Publisher
Peer Reviewed
Language
Replaces

Relações

Parents:

This work has no parents.

Em Collection:

Itens

Miniatura Título Data de carga Acesso Ações
file details 323.pdf 2017-07-17 Público Baixar