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A Case Study on the Function and Attribute of Artificial Reefs as an Ideal Type of Social Overhead Capital





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    Use of capital income in artisanal fisheries: a case study of boat owners in Elmina, Ghana 1997
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    Development strategy during the 1960 and 1970s was based on the philosophy that developing countries lacked improved technology and capital for speeding up their development. Industrialization was promoted in order to capitalize on the abundant fish resources. However, the anticipated expansion of the economy did not happen and the development approach shifted towards an integrated rural strategy where emphasis is put on the community as a whole to upgrade incomes and the quality of life throug h technical assistance and the active participation of fisherfolk and the community.
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    Working Group on capital needs and availability in artisanal fisheries: methodology and lessons learned from case studies. 1994
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    The existing way of financing of artisanal fisheries in West Africa is an element which has received so far few attention during the preparation of development policies. Unfortunately, this lack of knowledge has led to field actions of which the results have often be disappointing. Moreover, the informal sector continues to be the main source of financing of artisanal fisheries and the repayment rate of loans granted by the institutional sector is generally low. On this basis; the Prog ramme for Integrated Development of Artisanal Fisheries in West Africa (IDAF) set up a Working Group on capital needs and availability in artisanal fisheries. Its objectives are: (i) to elaborate a simple but efficient methodology likely to facilitate the identification of capital requirements in the artisanal fishery sector in West Africa; (ii) to design a methodology to identify the availability of capital according to the different sources of financing; (iii) to analyze the resu lts of the two case studies that will be carried out in Senegal and Ghana; (iv) to prepare a document indicating to what extent the lack of capital could hinder the sector's development; (v) to formulate a methodology for the study of fiscal policies in favour of the sector. The present report reviews the results of the activities undertaken in relation with the first three objectives.

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