Institutional Credit Scheme for Coastal Fisheries Promotion in Japan
Abstract:
Japan has often emphasized co-management framework as an important factor of coastal fisheries management. The other essential factor of the management is the government financial support system. The government of Japan has constructed a rural coastal financial scheme for rural coastal development since 1948 when the Fisheries Cooperative Associations (FCAs) were allowed to raise public funds from their community members to implement a credit system for the benefit of fishermen. The rural coastal financial system in Japan has grown and established itself institutionally. Now there are two financial schemes for coastal fisheries promotion namely, credit and insurance schemes. The discussion focuses on the coastal fisheries credit scheme. The international perspective of subsidies in fisheries are also discussed.
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Date 2005/12/01
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