Chile??Salmon Industry ― Policy Challenges in Managing Public Goods

This is the first book to take the case of Chile's salmon farming industry to discuss industrial development with a focus on management of public goods — learning and capacity development, environmental sustainability, institutions, and social welfare (inclusiveness). The importance of aquaculture is growing globally and makes up almost 50 % of the global fish harvest in what is called the “blue revolution”, drawing a comparison with agriculture's “green revolution”. One of the most impressive examples of the blue revolution is Chile's salmon farming and processing industry, and this book takes a historical and holistic approach in understanding the evolutionary development of that industry. The authors employ this strategy believing that due to increasing specialization in the field of social science, policy discussion of economic activities has become highly segmented and often falls short of giving the full picture for a discussion of policy issues. This is problematic for policy studies in which the aim is to deal with a problem that is embedded in a complex web of interactions among numerous agents. The present volume aims to fill that gap by examining the development of the Chilean salmon industry in holistic, historic, and socioeconomic contexts. The book offers insightful lessons that can be applied to other natural resources-based sectors facing similar challenges in the course of development.