Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon
We use historical economic data of the Islands of St Pierre and Miquelon (SPM), a terri- tory of France situated 25 km south of Newfoundland (Canada), to explore different narratives of modern growth theory applied to small island economies when major changes in resource endowment occurs. The econom...
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ftunivnantes:oai:HAL:hal-02155048v1 2023-05-15T17:22:47+02:00 Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon Le Floc’h, Pascal Wilson, James R. Nassiri, Abdelhak Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer (AMURE) Institut Français de Recherche pour l'Exploitation de la Mer (IFREMER)-Université de Brest (UBO)-Institut Universitaire Européen de la Mer (IUEM) Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Centre National de la Recherche Scientifique (CNRS)-Centre National de la Recherche Scientifique (CNRS) Université du Québec à Rimouski (UQAR) 2017 https://hal.archives-ouvertes.fr/hal-02155048 en eng HAL CCSD Canadian Regional Science Association hal-02155048 https://hal.archives-ouvertes.fr/hal-02155048 ISSN: 0705-4580 EISSN: 1925-2218 Canadian Journal of Regional Science / Revue canadienne des sciences régionales https://hal.archives-ouvertes.fr/hal-02155048 Canadian Journal of Regional Science / Revue canadienne des sciences régionales, Canadian Regional Science Association, 2017, 40 (3), pp.225--236 Historical economic data St Pierre and Miquelon Modern growth theory Small island economies Fisheries resources Fisheries management Canada France Public investments Infrastructures Tourism Artisanal fishery [SDE]Environmental Sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance info:eu-repo/semantics/article Journal articles 2017 ftunivnantes 2022-10-18T23:56:30Z We use historical economic data of the Islands of St Pierre and Miquelon (SPM), a terri- tory of France situated 25 km south of Newfoundland (Canada), to explore different narratives of modern growth theory applied to small island economies when major changes in resource endowment occurs. The economy of SPM was less diversified than other territories because of privileged historical access to fisheries resources that un-derpinned the main sectors of the economy. That access was rapidly reduced because of changes brought about by the extension of the EEZ by Canada, and other fisheries management changes over time. The collapse of the northern cod stocks led to the cod fishing moratorium, imposed by Canada in 1992. This last major change, a crisis for SPM, provides the backdrop to explore the responses by the government of France and the population of SPM in the wake of the moratorium. Public investments were made in tourism to reorient SPM towards a more diversified economy. However, available data show an unresponsive tourist sector despite substantial amounts of public investment in infrastructure aimed at, among other things, improving tourism. These observations lend weight to various narratives of the eviction associated with public spending aimed for a long time at the fisheries sector, which made diversification difficult. The only sec-tor that seems to show evidence of diversification is the artisanal fishery. However, there is little evidence that this diversification was generalized to tourism despite im-portant public investment Article in Journal/Newspaper Newfoundland Université de Nantes: HAL-UNIV-NANTES Canada |
institution |
Open Polar |
collection |
Université de Nantes: HAL-UNIV-NANTES |
op_collection_id |
ftunivnantes |
language |
English |
topic |
Historical economic data St Pierre and Miquelon Modern growth theory Small island economies Fisheries resources Fisheries management Canada France Public investments Infrastructures Tourism Artisanal fishery [SDE]Environmental Sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance |
spellingShingle |
Historical economic data St Pierre and Miquelon Modern growth theory Small island economies Fisheries resources Fisheries management Canada France Public investments Infrastructures Tourism Artisanal fishery [SDE]Environmental Sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance Le Floc’h, Pascal Wilson, James R. Nassiri, Abdelhak Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
topic_facet |
Historical economic data St Pierre and Miquelon Modern growth theory Small island economies Fisheries resources Fisheries management Canada France Public investments Infrastructures Tourism Artisanal fishery [SDE]Environmental Sciences [SHS.ECO]Humanities and Social Sciences/Economics and Finance |
description |
We use historical economic data of the Islands of St Pierre and Miquelon (SPM), a terri- tory of France situated 25 km south of Newfoundland (Canada), to explore different narratives of modern growth theory applied to small island economies when major changes in resource endowment occurs. The economy of SPM was less diversified than other territories because of privileged historical access to fisheries resources that un-derpinned the main sectors of the economy. That access was rapidly reduced because of changes brought about by the extension of the EEZ by Canada, and other fisheries management changes over time. The collapse of the northern cod stocks led to the cod fishing moratorium, imposed by Canada in 1992. This last major change, a crisis for SPM, provides the backdrop to explore the responses by the government of France and the population of SPM in the wake of the moratorium. Public investments were made in tourism to reorient SPM towards a more diversified economy. However, available data show an unresponsive tourist sector despite substantial amounts of public investment in infrastructure aimed at, among other things, improving tourism. These observations lend weight to various narratives of the eviction associated with public spending aimed for a long time at the fisheries sector, which made diversification difficult. The only sec-tor that seems to show evidence of diversification is the artisanal fishery. However, there is little evidence that this diversification was generalized to tourism despite im-portant public investment |
author2 |
Aménagement des Usages des Ressources et des Espaces marins et littoraux - Centre de droit et d'économie de la mer (AMURE) Institut Français de Recherche pour l'Exploitation de la Mer (IFREMER)-Université de Brest (UBO)-Institut Universitaire Européen de la Mer (IUEM) Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Université de Brest (UBO)-Centre National de la Recherche Scientifique (CNRS)-Institut de Recherche pour le Développement (IRD)-Institut national des sciences de l'Univers (INSU - CNRS)-Centre National de la Recherche Scientifique (CNRS)-Centre National de la Recherche Scientifique (CNRS) Université du Québec à Rimouski (UQAR) |
format |
Article in Journal/Newspaper |
author |
Le Floc’h, Pascal Wilson, James R. Nassiri, Abdelhak |
author_facet |
Le Floc’h, Pascal Wilson, James R. Nassiri, Abdelhak |
author_sort |
Le Floc’h, Pascal |
title |
Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
title_short |
Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
title_full |
Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
title_fullStr |
Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
title_full_unstemmed |
Diversification after resource crises; the case of tourism in the French archipelago of Saint-Pierre and Miquelon |
title_sort |
diversification after resource crises; the case of tourism in the french archipelago of saint-pierre and miquelon |
publisher |
HAL CCSD |
publishDate |
2017 |
url |
https://hal.archives-ouvertes.fr/hal-02155048 |
geographic |
Canada |
geographic_facet |
Canada |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_source |
ISSN: 0705-4580 EISSN: 1925-2218 Canadian Journal of Regional Science / Revue canadienne des sciences régionales https://hal.archives-ouvertes.fr/hal-02155048 Canadian Journal of Regional Science / Revue canadienne des sciences régionales, Canadian Regional Science Association, 2017, 40 (3), pp.225--236 |
op_relation |
hal-02155048 https://hal.archives-ouvertes.fr/hal-02155048 |
_version_ |
1766109629579788288 |