Economic predictions are relevant............................. These cannot be done with the use of mathematical formulars; should read; These cannot be done without the use of mathematical formulars. Yahya >From: yeks drame <[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: Wed, 28 Feb 2001 04:37:10 -0500 > >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 with 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 >> >>---------------------------------------------------------------------------- >> >>To unsubscribe/subscribe or view archives of postings, go to the Gambia-L >>Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html >>You may also send subscription requests to >>[log in to unmask] >>if you have problems accessing the web interface and remember to write >>your >>full name and e-mail address. >>---------------------------------------------------------------------------- > >_________________________________________________________________________ >Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. > >---------------------------------------------------------------------------- > >To unsubscribe/subscribe or view archives of postings, go to the Gambia-L >Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html >You may also send subscription requests to >[log in to unmask] >if you have problems accessing the web interface and remember to write your >full name and e-mail address. >---------------------------------------------------------------------------- _________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. ---------------------------------------------------------------------------- To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface at: http://maelstrom.stjohns.edu/archives/gambia-l.html You may also send subscription requests to [log in to unmask] if you have problems accessing the web interface and remember to write your full name and e-mail address. ----------------------------------------------------------------------------