Reports on Risk Management Findings from Wageningen University and Research Center Provide New Insights (Territories of State-led Aquaculture Risk Management: Thailand’s Plang Yai Program): Risk Management

2022 SEP 20 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Research findings on Risk Management are discussed in a new report. According to news originating from Wageningen, Netherlands, by NewsRx correspondents, research stated, “The Thai aquaculture sector faces a range of production, market and financial risks that extend beyond the private space of farms to include public spaces and shared resources. The Thai state has attempted to manage these shared risks through its Plang Yai (or ‘Big Area’) agricultural extension program.”

Financial supporters for this research include Netherlands Organization for Scientific Research’s Food & Business Global Challenges Programme, New Directions in Environmental Governance at the York Centre for Asian Research, CGIAR.

Our news journalists obtained a quote from the research from Wageningen University and Research Center, “Using the lens of territorialization, this paper investigates how, through the Plang Yai program, risk management is institutionalized through spatially explicit forms of collaboration amongst farmers and between farmers and (non-)state actors. We focus on how four key policy instruments brought together under Plang Yai delimited multiple territories of risk management over shrimp and tilapia production in Chantaburi and Chonburi provinces. Our findings demonstrate how these policy instruments address risks through dissimilar but overlapping territories that are selectively biased toward facilitating the individual management of production risks, whilst enabling both the individual and collective management of market and financial risks. This raises questions about the suitability of addressing aquaculture risks by controlling farmer behavior through state-led designation of singular, spatially explicit areas. The findings also indicate the multiple roles of the state in territorializing risk management, providing a high degree of flexibility, which is especially valuable in landscapes shared by many users, connected to (global) value chains and facing diverse risks.”

According to the news editors, the research concluded: “In doing so we demonstrate that understanding the territorialization of production landscapes in a globalizing world requires a dynamic approach recognizing the multiplicity of territories that emerge in risk management processes.”

This research has been peer-reviewed.

For more information on this research see: Territories of State-led Aquaculture Risk Management: Thailand’s Plang Yai Program. Environment and Planning C Politics and Space, 2021;39(6):1231-1251. Environment and Planning C Politics and Space can be contacted at: Sage Publications Ltd, 1 Olivers Yard, 55 City Road, London EC1Y 1SP, England.

The news correspondents report that additional information may be obtained from Mariska J. M. Bottema, Wageningen University and Research Center, Wageningen, Netherlands. Additional authors for this research include Simon R. Bush and Peter Oosterveer.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1177/2399654420965241. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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