Description

This study has found that there are substantial impediments to OECS countries developing their fishing industries particularly in relation to the export of fishery products. The study has taken a medium to long-term perspective, as structural change will inevitably be brought about by external market forces such as: The fact that OECS countries have virtually no control over the priceoffish in world markets. Exporters in OECS countries for species such as tuna are "price takers" in world markets; The likelihood that the WTO rules will overtime lead to increased competition from nearby countries that have economy of scale advantages over OECS countries;

This study has found that there are substantial impediments to OECS countries developing their fishing industries particularly in relation to the export of fishery products. The study has taken a medium to long-term perspective, as structural change will inevitably be brought about by external market forces such as: The fact that OECS countries have virtually no control over the priceoffish in world markets. Exporters in OECS countries for species such as tuna are "price takers" in world markets; The likelihood that the WTO rules will overtime lead to increased competition from nearby countries that have economy of scale advantages over OECS countries;