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EVIDENCE ON THE CURRENT STATE OF THE SHRIMP INDUSTRY IN ECUADOR

John Theodore

Global Journal of Business Research, 2020, vol. 14, issue 1, 97-104

Abstract: This article presents evidence regarding the current state of the shrimp industry in the Republic of Ecuador. The paper conducts a survey that highlights existing problems the industry faces. The author proposes several solutions for the short and long-term correction and elimination of such problems. The Ecuadorian economy consists of three major sectors: (1) The Primary Sector includes agriculture, aquaculture, livestock, and mining; (2) The Secondary Sector consists of industrial production; and (3) The Tertiary Sector includes all types of services. The shrimp industry in Ecuador in the first primary sector

Keywords: Ecuador; Shrimp Industry; Product Diversification; El Nino; Decree #1391; Ministerio de Acuacultura; Camara Nacional de Acuacultura; Nicovita Exports; CJP International; City of Guayaquil (search for similar items in EconPapers)
JEL-codes: M16 M20 (search for similar items in EconPapers)
Date: 2020
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