Commercial aquaculture and economic growth, poverty alleviation and food security. Assessment framework.

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There is ample evidence that, when properly conducted, especially as a business (commercial) activity, aquaculture can make significant contribution to national food security, poverty alleviation and economies, factors which often determine policy makers’ support to any sector. Yet, quantitative evaluation of these merits is poorly documented, particularly in developing countries, which often limits the much needed political and financial support to the sector for its adequate development. This paper suggests to measure aquaculture’s contribution to national economy through “Aquaculture Value-Added Multiplier” and its contribution to poverty alleviation through “Aquaculture Employment Multiplier”. It also suggests to use the “Net Sum of Protein-Equivalent” and the “Ratio between the Net Foreign Exchange Earning of Aquaculture and the Total Value of Food Imports” to assess the direct and indirect contributions of the sector to food availability (one of the three dimensions of food secur ity), while “Aquaculture Labour-income and Employment Multipliers” can be used to quantify the sector’s contribution to food access (second dimension of food security) and “Aquaculture Tax multiplier” and the “Ratio between the Aquaculture Net Foreign Exchange Earning and the Whole Economy Net Foreign Exchange Earning” can be used to estimate aquaculture’s contribution to food utilisation (the third dimension of food security). The text uses “commercial aquaculture” all along, but the methodolog y developed can be applied to aquaculture in general.

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