• The Journal of Fisheries Business Administration
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• v.29 no.1
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• pp.27-63
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• 1998

This paper focuses on the history of fisheries finance in Korea, especially the role of fisheries finance after the establishments of korean fisheries cooperative. We can say that our fisheries was influenced greatly by the fisheries finance. It may be preyed by the facts that our fisheries experienced a great growth right after the input of big fisheries finance. The products of fisheries has increased from 1962 to now And the structure of the fisheries has improved. But there were unequal development in the each sectors of fisheries. Though the deep sea fishery and farming has developed faster, coastal fishing that are absorbing nearly 90% of fisheries population has stagnated. Of course it was because of unequal financial assistance by Authority. So to improve fisheries evenly, it is very important to overcome various problems that have encountered including the new circumstances like the WTO. For this, lots of steps should be taken. They can be summarized as follows. 1) It may be inevitable to see a rising costs in the deep sea fishery because of the declaration of EEZ by almost every nation. 2) So coastal fishing should be getting more important. It is necessary to improve the structure of coastal fishing and we should be ready to prepare various alternatives far self-sustained growth in coastal fishing. 3) Especially fisheries finance should play more active role. 4) Self-sustainable growth means a fishery with full compatability. For full compatability it is necessary to give financial supports far making fishing ground and equipping anti-pollution system and labour saving apparatus etc. 5) Also to raise the ratio of self-support in fisheries products it is necessary to give financial support to traditional financial system. 6) Moreover it is necessary to guide utilization of finance supplied. For this the committee that is consists of professional people in that field is strongly asked. This committee should be entitled to decide and coordinate the selection of projects, allocation of finance, method of utilization and evaluation of projects etc.

• The Journal of Fisheries Business Administration
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• v.13 no.1
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• pp.1-46
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• 1982

Setting a Problem : Developing industrialization and urbanization has been accompanying the outflow of farming-and fisheries village's population, and brings upon lowering of number of fishermen and their productive efficiency as a result. The point of issue of such an outflow of fishermen which is a cause of the shortage of fisheries man-power should be considered through the analysis of the present state of fishery, and then 'How should the normative fisheries man-power policy be performed?' has to be thought after the investigation upon self-existable fishermen's successor-cultivation(SFSC) project which has been driven forward by government. Method of Study : In order to seek concretely a rational way to achieve SFSC undertaking successfully, the teleological method is adopted fundamentally. But the analysis on the fisheries present state centering on fisheries population and the fishery-orientedness of fishermen who are selected randomly in five islands of Jeonranamdo-Province and Kyeongsangnamdo-Province has been tried with the object of groping for a successful and purposive way of successor-cultivation. And the controversial point is brought out through the analysis of the first year's result which SFSC project has been undertaken in 1981. The above-mentioned affair is especially studied on the basic attitude which 'fishery' is a 'profession'.

• Journal of Marine Bioscience and Biotechnology
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• v.3 no.1
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• pp.18-23
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• 2008

Fisheries constitute an important sector in national economic development, and estimate to contribute about 3% of the total GDP and 5% of the GDP in agriculture. Fish production from aquaculture has been estimated at 950 tonnes for 2004. In 2003, Ghana produced only 51.7% of its requirements from its domestic sources and in 2004, achieved 68.1% of its fish requirement through domestic production and imports. It has been estimated that the production from ponds and culture-based fisheries is worth about US$ 1.5 million a year. The aquaculture sub sector comprises largely small-scale subsistence farmers who practice extensive aquaculture in earthen ponds in contrast to the intensive practices of commercial farmers. There is one cage facility which produces 200 tonnes or 21.1% of the total output. There are several laws to regulate and govern the sector and the government has set up institutions that are responsible for developing fisheries and aquaculture policy and directing and establishing research priorities. The Directorate of Fisheries (DoF) is the lead government agency for aquaculture development and the Water Research Institute of the Council for Scientific and Industrial Research (CSIR) is mandated to carry out aquaculture research. To promote fish farming, imports of farm fish are not allowed.

• Journal of Fisheries and Marine Sciences Education
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• v.12 no.1
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• pp.98-121
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• 2000

The Korean fishery encountered a difficulty situation, due to the new regime of the Exclusive Economic Zone (EEZ) and the decreasing fisheries resources in Korean waters. In addition, the coastal areas are deteriorated by industrial wastes, sewage, farming wastes and pollution from aquaculture. In this situation, it is necessary to study the TAC (total allowable catch) - based management system, the development of fishing gears and appropriate fishing methods for stock conservation, and the automation system of fishing gears for improving the efficiency of fisheries. The objective of this study is to look for an appropriate system in marine production and resource management under the new UNCLOS (United National Convention for the Law of the Sea) regime for subjects in fishing gears and methods, production system, and information, and fisheries resources management. The results of this study could be used as scientific information to maintain and develop the Korean fisheries and to establish fisheries policy for the management of fisheries resources in Korean waters.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.56 no.6
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• pp.759-765
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• 2023

Owing to the increase in the elderly population at aquaculture farm and decrease in the number of aquaculture farmers, the need to improve aquaculture production system is increasing. In addition, asvirtual interactions become new normal after COVID-19 pandemic, the speed at which science and technology such as the internet of things (IoT), information and communications technology (ICT), and artificial intelligence (AI) are applied to each field is accelerating. Efforts are being made to enhance the quality of life of aquaculture farmer and competitiveness of the aquaculture industry by incorporating digital technology. This study analyzed national and global aquaculture technology development and policy trends, smart aquaculture terminology application scenarios, and prior research cases to propose smart aquaculture industrialization models and technology development directions considering technology, economy, and environment. This study can also provide valuable reference for promoting smart and efficient development of aquaculture.

• The Journal of Fisheries Business Administration
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• v.45 no.3
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• pp.19-37
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• 2014

This study is to focus on the status of implementation of bilateral-fishery order based on the Korea-China fisheries agreement and aims to improve fisheries relationship between two countries. Korea-China Fisheries Agreement entered into force in 2001, and serves as a basic framework of the bilateral fisheries order. However, the fishing order between Korea and China has the following limitations. First, it is standstill of joint response for a practical resource management. Second, there are still gaps between the quotas of mutual accord fishing and fishing operation work performance. Third, China's illegal fishing is taking place consistently. Fourth, the effective cooperation between two countries in fisheries is not carried out. Finally, the Korea has faced difficult situations to adhere to a balanced position in the fishery negotiations due to conflicting positions on China and Japan. In order to solve these problems, the fishing order between Korea and China will be able to maintain the competitiveness of Korean fishery sector by reinforcing Korea's fishing sovereignty, Korea and China, based on trust and cooperation, will make efforts to improve bilateral fisheries relations to maximize mutual benefit in fishery sector. Specifically, first, the two countries should strengthen the resources management based on the scientific research and the improvement of imbalance of the mutual agreed fishing in EEZ. Second, Korea has to achieve our targeted performance of fishing operation and establish a joint resources management system between two countries in the provisional measure zone. Third, Korea should implement to collect fisheries information about China fishing vessels which are operating in the EEZ of Korea. Finally, Korea and China should be building up effective governance framework for the establishment of fishing order.

• Journal of Fisheries and Marine Sciences Education
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• v.13 no.2
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• pp.146-167
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• 2001

Korea and China are two opposite countries located aside Yellow Sea and co-utilize the East China Sea. The two countries are close together from geological point of view, however, the competitive development of resources was more emphasized than the cooperative development of resources between the two countries because the special policy relationship. Additionally, after the communist government of China was founded in 1949, the political conception between the two countries was quite different. Therefore the establishment of appropriate international fisheries co-operation was impossible, and the international management problems of fisheries resources in Yellow Sea and East China Sea were let alone. UN convention on the Law of the Sea came to force in 1994, Korea and China adopted the exclusive economic zone system in 1996. On the other hand, Fisheries Law in Korea was enacted in 1953 in order to management of fisheries resources, and also China was enacted fisheries law in 1986. The two countries control the fisheries effort through fisheries license system, meanwhile through prohibition fishing area, prohibition fishing period, limitation of net size, and limitation of body length to conserve and manage the fisheries resource. The serious management methods of resource management in the two countries are similar such as the creation of promptly decreased species and those species that have commercial value, discharge of fish seedling stock, settlement of artificial reef and clean of fishing ground. Therefore, the two countries should consider not only the improvement of formal law system, but also how to recover the fisheries resources in circumference water zone and how to improve the efficiency of fisheries resource management. Specially the settlement and management of artificial reef should be chosen in the area that have the highest benefit to two countries, and should establish the common management system of discharge of fish seedling stock. And the two countries should adopt the same criteria through technical management and limitation of net size, limitation of body length, and prohibition area of special fisheries to ensure the highest fisheries benefit of fisherman in the two countries and the highest efficiency of fisheries resource management.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.51 no.4
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• pp.583-591
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• 2015

The coastal stow net (stow net hereafter) in Korea is one of the major fishing methods for yellow croaker (Larimichthys polyactis), ribbon fish (Trichiurus lepturus), and anchovy (Engraulis japonicus). In terms of energy efficiency, the stow net fishery is more competitive than towing fishing gears such as trawl gears. The fishing vessels in stow net fishery have consumed less fossil fuel and also have had less carbon dioxide emission into the atmosphere. however, the stow net fishery is necessary to be regulated due to its increased output of the fleet. Therefore, it is required for fisheries authorities to manage the fishing capacity or fishing power for the assurance of fishery's sustainability. For fisheries management authorities, it is necessary to quantify data related to fishing capacity and fishing power to deploy fishery policy in a sustainable way. In terms of data for decision-making, Data envelopment analysis (DEA) method was conducted to estimate fishing capacity. Fishing power index (FPI) was also applied to calculate relative fishing power to approach the problem in a quantitative way.

• The Journal of Fisheries Business Administration
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• v.14 no.2
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• pp.110-138
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• 1983

After Liberation of Korea, Korean fisheries economy fell into an exhausted conditions because of the damage of Japanese colonization policy and the Korean War, and fisheries organizations of those days established for the improvement of fishermen's welfare could not carry out their primary purposes and functions. Under such circumstances, Fisheries Cooperatives starting on April 1st in 1961 played a great role in settling the socio-economic confusion of those days. Fisheries financing was also more systematic and substantial after establishment of Fisheries Cooperatives. In fact fisheries industry was faced with much more riskiness than any other industry on account of its speciality and such a riskiness induced general financial institutions to be reluctant to lend money to the fishermen. In order to overcome such a capital rationing, it was necessary to establish the reciprocal financing system based on the principle of mutual protection of economic weakers. Credit business in Fisheries Cooperatives beginning in 1963 was mainly dependent on governmental fund as fund sources. But the size of fund was too small to satisfy fishermen's fund demand, therefore Fisheries Cooperatives carried out the movement of raising its own fund. As a result of the movement the ratio of its own fund to total funds amounted to 47.7% in 1980, but external funds still take a greater part of all funds. To settle the weakness of the ratio of its own fund and chronic deficiency of fund, a conclusion can be drawn as follows : 1. The enlargement of Fisheries Cooperatives' raising ability of funds. .The expansion of urban branch to absorb idle funds in urban area. .The diversification of financing service to compete with genetral financial institutions. 2. The enlargement of governmental fund and preferential treatment of fishermen's savings. 3. Vitalization of mutual finance and fixation of Fisheries Cooperatives' two-phase organization. 4. The re-enforcement of supervisory financing and post management system.

• The Journal of Fisheries Business Administration
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• v.39 no.1
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• pp.133-162
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• 2008

In 1970, direct overseas investment in Korean fisheries started to sell the frozen marine products to Singapore with establishing local subsidiary. Direct overseas investment in China has carried out since Korea and China established diplomat relationship in 1992. the former day, The Korea invested indirectly in China via Hong Kong. It has reported that 253 local subsidiaries applied to China government permit at the end of 2004. The results will make a decision on whether to invest continuously. The results of actual proof analysis has announced that a successful investment of fishery company is mainly influenced in its own government policy. Many advantages of tax and administration for foreign company in China have been changed and vanished comparing to the beginning time of entering china. So. it is imperative for Korean government to take measures to changing policy of Chinese government. The early days, investment of fishery company is type of resources and abundant resources will affect succeeding investment. Nowadays, the type of the investment is the production oriented investment. And then many direct investment linked the production oriented investment have been conducted in many area in China. So. the production oriented investment will affect logistics and successful investment in China. And, The factor of Market potential in Market Factors in the middle of changing market oriented investment will conclude whether to invest. As the china exchange system changed from the fixed exchange system to the fluctuating exchange system. Risk of exchange rate will affect corporate's parent business. The local risk (regulation of import and export, remittance) will affect succeeding investment of corporate's parent.