Conclusions and Policy Implications

  • Michiko Iizuka
  • Akio Hosono
  • Jorge Katz


This book examines the development of the Chilean salmon farming industry, paying special attention to public goods, namely: ‘knowledge development’, ‘environmental sustainability’, ‘institutions’ and ‘inclusiveness/social welfare’. Normally, policy interventions in managing public goods are justified by the market failure argument. There are; however, several scholars who question assumptions made by neoclassical approach and extend their argument for the policy intervention in correcting systemic failure as well as coordination failure (for example, Cimoli et al. 2009; Stiglitz 1999).


Common Pool Resource Green Economy Asian Development Bank Salmon Farming Inclusive Growth 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© JICA Research Institute 2016

Authors and Affiliations

  1. 1.Maastricht Economic and Social Research and Training Center for Innovation and Technology (UNU-MERIT)United Nations UniversityMaastrcihtThe Netherlands
  2. 2.Japan International Cooperation Agency Research Institute (JICA-RI)TokyoJapan
  3. 3.University of ChileSantiagoChile

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