Shark Finning

In: Social Issues

Submitted By vmaclell
Words 1462
Pages 6
Shark Finning in Hong Kong:
What are the social and economic factors of shark finning in Hong Kong and how will it have an affect on the remaining population of sharks?
Victoria

Abstract
The rapid economic growth in Hong Kong over the past few decades has had an immense effect on the amount of shark finning taking place. With GDP steadily increasing the recent change in the spending patters has only contributed to an overuse of this resource. The pricing patters of this product show that as long as fishing remains economically viable sharks will continue to be at risk of extinction. There has been a lack of motivation to raise awareness on this topic and as long as fishing remains economically viable it will just continue to occur. To reduce the amount of shark finning in Hong Kong we need to enact more ant-finning regulations.
Keywords: finning, Hong Kong, disposable income

What are the social and economic factors of shark finning in Hong Kong and how will it have an affect on the remaining population of sharks? Shark fins are a valuable product and a delicacy to people in Hong Kong and many other surrounding populations that are heavily Chinese, but this overfishing has led to a major depletion of the shark species. Although several countries have made the effort to ban shark fishing, if it continues to happen at the current rate there will be a risk of extinction. Hong Kong has only increased their amount of shark fishing because of the recent growth and expansion of their economy. This growth in the economy can be explained by the change in the productivity and also through the performance of their export sector. This rapid expansion in consumer purchasing power due to growth has led to an increase in the demand for shark fins. The social concerns involving the shark fin trade outweigh the economic benefits that Hong Kong would gain from shark…...

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