Economic and social dimensions of aquaculture management

Abstract

Aquaculture management patterns are greatly influenced by the economic or social purpose of the project. Though some types of farms may yield both economic and social benefits, they can generally be classified on the basis of their major objective. Economic benefits, in one form or the other, gets considered in the planning stage of all farming activities; but it is necessary to ensure social and environmental viability as well to achieve sustainability. Subsistence and family farming, crop/animal integrated farming and farming for recreational purposes, are largely orientated to social benefits; whereas small‐scale farming enterprises, cooperative and state farms, as well as vertically integrated large‐scale farms are run mainly for economic gains. Stock enhancement and creation of culture‐based fisheries represent a mix of all the three elements of sustainability, with a stronger base of environmental improvement. The complexity of management differs significantly between these types of enterprises. The systems of production adopted, such as extensive, semi‐intensive, intensive and super‐intensive, as well as farm location (land‐based or open waters) bring about their own special management problems, especially in relation to ecological integrity.