The Fishing Industry.

That was a remarkable contribution to the industrial development of the
Gambia.
At this point of history, it is the mission of all Gambians to intensify the
political, social and economic questions of the country and pursue it into
liberation. The necessity for rooting out backwardness and stake out new
foundations for a mordern liberated Gambia.

Indeed, we have a very sick nation;a nation that needs proper medication; a
medication that suggest outstanding economic, social, and political
treatment.Distinct and consumate voices we have heard, responding to the
question of a better Gambia: many were put into deef ears because of the
attitude of the present government. An cultured manner of work does not seem
to entertain substance ideas from parties with a different vision. However,
many dedicated Gambians with the culture of nation building will never give
up their stance.

The classical question is does the Gambia have enough material resources to
provide for 2million people expected to live there? The suggestion of a
fishries plan! wonderful! we know we have the resources, we know the
hospitality of the people.But how do we put these into substance?

"Why waste money on industries which will most likely produce inferior goods
which will not be bought by anyone in their right mind?"

Well, in an economic approach to the above question, fishries  is a
resource;in essence there is no wasteful resource.All resources perform
according to the climate provided for them. At a given state of
technological development, the absolute supply of certain natural products
can be sustained at a given level or even increased-these are renewable
resources-those capable of rplenishing themselves or being replenished by
human beings.The idea of a fishries plan, could be an alternative for the
introduction of primary industries to enhance its wider production capacity.
Most biotic resources, such as forest, animal populations, and fish support
the function of such industries.

Certainly, fish is a renwable resource; it means we are in control of its
performance.We are blessed by nature, Gambia is the most navigable river in
the sub region.Sustainable fishing industry will certainly do well. With
prevelege location along the river banks, will promote technological
developments among local industries to enhance its competiveness, We can
predict the establishment of specialised apprentiship and vocational
training, minimise unevenly population distribution, and enssuring more
attention to public infrastructure.
Further more, if well developed; it can lead to even ensuring attention of
funding industry related researchs in universities.

"Creating jobs is fundamental to any economic equation"... It could be
created" This is fundamental! resources are not fixed in amount but created
in response to needs, through market mechanisms.We know the demand for fish;
its really doing well! dry, fresh, smoked,canned, oil ect. how do they act
in the market? If we think in a suppliers perspective,I am convinced Gambia
will soon start to export tons of fish products. The thing is, if a product
becomes scarce, its price rises and the quantity consumed drops.The
customers taste will change because of price sesitivity. This price change
will stimulate an increase in the supply of the product and the search for
subtitute products.Ofcource, our sea does not only provide one variety of
fish; fish is not only demanded when fresh, we have other alternatives. So
why not! fishing industry.

If we follow up the competive advantage of developed nations, that firms
that achieve world class are likely to have built their international
competitive edge on the continuum of economies of scale from internal and
external.The fishing industry is and exceptional example of enhancing the
capability of international competiveness, because we have it in abundance.

Economics predictions are relevant; it has a corelation to mathematical
figures, to compare and contrast. This enables focasting, a relevant point
in economic pridictions. You can measure market perforamnce, risk on
investment,value of investment, the affect by a change in aggregate value of
all assets in the economy. We must know Net Present Value,We must know Rates
of Return,We must understand break even analysis, Interest rates, and the
treatment of inflation. These cannot be done without the use of mathematical
formulars.It is purely scientific, since it deals with man's physical
environment, ends and scarce means in relationship to his daily activities.
The approach given by Rene is quite phenomenal.

A fishing industry would be a strategic point of development in the Gambian
economy.

Yahay.



>From: Rene  Badjan <[log in to unmask]>
>Reply-To: The Gambia and related-issues mailing list
><[log in to unmask]>
>To: [log in to unmask]
>Subject: Re: Let us respect expression of views
>Date: Tue, 27 Feb 2001 09:12:16 EST
>
>Yus,
>     Your contention is well understood. Thanks for the response and the
>little exchange. All the background information you provided about Taiwan
>is
>relevant, and to tell you the truth, I was not even thinking about the
>relationship between Tiawan and the Gambia when I produce that excerpt from
>a
>research paper. I was not even attempting to draw a parallel between Taiwan
>and the Gambia. I know the preconditions for its industrial rebirth are not
>present in the Gambia. I was just attempting to show that light scale
>industrial activities can help in economic development, if a government
>helps
>and nurtures it, and can make all the difference. This is just the point I
>was trying to make. Taiwan was just an example. Its development path,
>though,
>may be worthy of emulation.
>Cheers.
>
>     Rene
>
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