THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA

<p>The World Trade Organization (WTO) considers sustainable economic development. One of the regulations arranged is the unfair trade that several activities will be eliminated in the future, including the fisheries subsidies. The objectives of this research are (1) understanding the general d...

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Autor principal: Bayu Rhamadani Wicaksono
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Publicado: Universitas Muhammadiyah Yogyakarta 2019
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spelling oai:doaj.org-article:986c8ceec7d44f6d868790c468fa66fb2021-12-02T11:09:33ZTHE FISHERIES SUBSIDIES IN INDONESIA AND CHINA1411-99002541-5506https://doaj.org/article/986c8ceec7d44f6d868790c468fa66fb2019-10-01T00:00:00Zhttps://journal.umy.ac.id/index.php/esp/article/view/6214https://doaj.org/toc/1411-9900https://doaj.org/toc/2541-5506<p>The World Trade Organization (WTO) considers sustainable economic development. One of the regulations arranged is the unfair trade that several activities will be eliminated in the future, including the fisheries subsidies. The objectives of this research are (1) understanding the general descriptions about fisheries subsidies in Indonesia and China; (2) how large the impacts of fisheries subsidies that are linked with the policies; and (3) the opinion whether the fisheries subsidies must be stopped or not. This research use the literature studies from several sources and the supplementary data are also included to strengthen this study. Based on the result and discussion, the fuel subsidies are the largest fisheries subsidies in both Indonesia and China. Although the fuel subsidies are harmful and burden the government budget, the policy of subsidies is still needed, especially in the developing countries, including Indonesia. Those subsidies contribute the positive effects to the fisheries sector performance. On the other hand, eliminating fisheries subsidies, particularly the fuel subsidies, is expected to provide the negative impacts. For the policy, the government regulates the programs in the fisheries sector. There are two feasible schemes in the fisheries market in case talking about the fisheries subsidies with the aim of a trade policy tool and sustainability. The author does not agree if the fisheries subsidies stopped. The government must evaluate the subsidy policies that can be connected with the fisheries sector performance indicators and must still prepare state budget for fisheries subsidies, especially subsidies for small-scale household, such as fishers. The fisheries subsidies should be continued with applied terms and conditions, so the subsidies will be used wisely by the fisheries business actors and will be appropriately monitored by the government</p>Bayu Rhamadani WicaksonoUniversitas Muhammadiyah Yogyakartaarticlefisheries subsidiesfuel subsidiesgovernment budgetEconomic theory. DemographyHB1-3840ENJurnal Ekonomi & Studi Pembangunan, Vol 20, Iss 2, Pp 176-189 (2019)
institution DOAJ
collection DOAJ
language EN
topic fisheries subsidies
fuel subsidies
government budget
Economic theory. Demography
HB1-3840
spellingShingle fisheries subsidies
fuel subsidies
government budget
Economic theory. Demography
HB1-3840
Bayu Rhamadani Wicaksono
THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
description <p>The World Trade Organization (WTO) considers sustainable economic development. One of the regulations arranged is the unfair trade that several activities will be eliminated in the future, including the fisheries subsidies. The objectives of this research are (1) understanding the general descriptions about fisheries subsidies in Indonesia and China; (2) how large the impacts of fisheries subsidies that are linked with the policies; and (3) the opinion whether the fisheries subsidies must be stopped or not. This research use the literature studies from several sources and the supplementary data are also included to strengthen this study. Based on the result and discussion, the fuel subsidies are the largest fisheries subsidies in both Indonesia and China. Although the fuel subsidies are harmful and burden the government budget, the policy of subsidies is still needed, especially in the developing countries, including Indonesia. Those subsidies contribute the positive effects to the fisheries sector performance. On the other hand, eliminating fisheries subsidies, particularly the fuel subsidies, is expected to provide the negative impacts. For the policy, the government regulates the programs in the fisheries sector. There are two feasible schemes in the fisheries market in case talking about the fisheries subsidies with the aim of a trade policy tool and sustainability. The author does not agree if the fisheries subsidies stopped. The government must evaluate the subsidy policies that can be connected with the fisheries sector performance indicators and must still prepare state budget for fisheries subsidies, especially subsidies for small-scale household, such as fishers. The fisheries subsidies should be continued with applied terms and conditions, so the subsidies will be used wisely by the fisheries business actors and will be appropriately monitored by the government</p>
format article
author Bayu Rhamadani Wicaksono
author_facet Bayu Rhamadani Wicaksono
author_sort Bayu Rhamadani Wicaksono
title THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
title_short THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
title_full THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
title_fullStr THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
title_full_unstemmed THE FISHERIES SUBSIDIES IN INDONESIA AND CHINA
title_sort fisheries subsidies in indonesia and china
publisher Universitas Muhammadiyah Yogyakarta
publishDate 2019
url https://doaj.org/article/986c8ceec7d44f6d868790c468fa66fb
work_keys_str_mv AT bayurhamadaniwicaksono thefisheriessubsidiesinindonesiaandchina
AT bayurhamadaniwicaksono fisheriessubsidiesinindonesiaandchina
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