The Economic and Financial Performance of Bahrain's Fisheries Sector PDF

Keywords

Economic, financial, fisheries performance, fishing gear, Kingdom of Bahrain, Arabian Gulf

Abstract

This work is based on an extensive socio-economic survey conducted at all Bahrain landing sites in the period July - November, 2002. Based on boat size and the type of fishing gear used, eight fisheries sectors were determined, these included small boats using wire traps, shrimp trawls, gillnets, hooks and lines, and barrier traps. It also included large boats using wire traps. shrimp trawls, and gillnets The economic and financial performance of these sectors was evaluated. The ratio of net catch flow to total earnings was used to measure the economic performance, while the return over investment was used to measure the financial performance. Higher economic returns (except for gillnet and shrimp trawl fisheries) were found in the case of small boats where smaller investments are found. This indicated that an over-fishing condition exists in Bahrain's fisheries, which is clearly found in the case of the shrimp trawl fishery.