수산금융 활성화를 위한 정책 개선방안

Policy Improvement Measures to Revitalize Fisheries Finance in Korea

In this study, on the premise that a new growth foundation must be secured for the growth of the Korean fisheries, we looked at ways to invigorate fisheries finance. To improve this, the fisheries policy fund should first continue to perform its primary function of alleviating capital constraints. Furthermore, a system to improve the efficiency of quantitative expansion and money distribution must be established. In order to do this, it is required to lessen the industrial characteristics of the fishing industry, which calls for the establishment of specialized financial institutions and the education of relevant professionals in accordance with the characteristics of capital and investment in the fisheries. Second, it is necessary to expand the scale of the fishing business. Through this, information asymmetry about management effectiveness and investment profitability should be reduced, which is a crucial task that might lessen external capital constraints for fishery businesses. Third, the fisheries production structure, which focuses on fishing, must be reorganized. For the fishing industry to be more sustainable, the supply base of high value-added fishery products must be strengthened in response to changes in market demand, which must be preceded by capital substitution through smartization, mechanization, and automation. Thus, it is necessary to enable large-scale private investment and market capital inflows, and with the eventual entry of private financial institutions, effective distribution of investment capital must be made possible.