Credit and savings systems in artisanal fisheries in Ghana
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Development strategy during the 1960 and 1970s was based on the philosophy that developíng countries lacked improved technology and capital for speeding up their development: Industrialization was promoted in order to capitalize on the abundant fish resources. However, the anticìpated expansion of the economy did not happen and the development approach shifted towards an integrated rural strategy where emphasis is put on the community as a whole to upgrade incomes and the quality of li fe through technical assistance and the active participation of fisherfolk and the community.