Korten, Frances F. (1999) Foreign loans and common property resources: Why I cried all the way to the bank. CPR Digest, Vol.49. pp. 1-3.
Full text not available from this repository. (Request a copy)Abstract
In 1978, shortly after I had arrived in the Philippines as a program officer for the Ford Foundation, I attended a seminar about the decline of the mangrove trees that grow along the country’s many coastlines. The government was subsidizing prawn farms because of the foreign exchange the country could earn by exporting prawns to Japan. The prawn farms, however, were destroying the mangroves. Everyone at the seminar recognized the critical “nursery” function the mangrove trees play in maintaining the common fish stocks on which coastal fisherfolk are dependent for their livelihoods. Yet the ultimate argument for the subsidy program was: “We need the foreign exchange.”
| Item Type: | Articles |
|---|---|
| Keywords: | Loans, CPR, Ford Foundation, WB, Developing Countries, Philippines, Foreign Exchange Value, Subsidies, Prawn, Mangroves, Livelihoods |
| Subjects: | Right to Resources |
| Depositing User: | Varsha V icsf |
| Date Deposited: | 12 May 2022 09:54 |
| Last Modified: | 12 May 2022 09:54 |
| URI: | http://icsfarchives.net/id/eprint/13872 |
Actions (login required)
 |
View Item |
