Non-diversification in subsistence fishing economies

Other Names:
Presumed fishing vocation
Although the diversification of production potentials at the local level could provide an adequate income to the community, many fishing villages achieve unacceptably low levels of production, with declining fishing populations and low-yield farm lands. These villages rely on the fishing industry to provide the community with immediate cash income on a day-to-day basis. As a result, the concept of planned savings is not part of community life, and excess cash is usually spent on immediate needs: concern for the present far outweighs the desire for an emergency store of cash. When fishing equipment, repairs and expansion cannot be funded immediately there is consequently little opportunity to increase production. Inefficient methods and lack of repair results in a daily routine for fishing families which leaves little time for recreation, as any deviation jeopardizes that day's much needed income. Child labour makes for little chance of any educational advancement within the family which could secure a higher level of income. High retraining expenses combined with few practically located training possibilities further discourage any additional income options. Those villagers who do manage to overcome this obstacle usually leave the community, since local jobs offer limited prospects and they wish to pursue jobs with higher income potential.
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 10: Reduced InequalityGOAL 14: Life Below Water
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST