Micronesian Counselor, Issue 66

Hezel, Francis X. (2007-03-10). Micronesian Counselor, Issue 66. Micronesian Counselor (Report). Kolonia, Pohnpei: Micronesian Seminar. pp. 1–10.

• Has attachment: File:HLGZJH6L.pdf

Abstract: The lead article, A Tuna Industry in Micronesia?, by Peter Wilson, analyzes the region’s mixed record with tuna-related enterprises. It notes the heavy losses from past government-funded ventures, which convinced many leaders that island-owned and managed industries were not feasible. At present, most governments rely on licensing foreign fleets, earning about $12 million annually for the FSM. The essay asks whether there is still potential to develop local industry in processing, value-added products, or service support.

Additional commentary includes a review of cooperative projects in Pohnpei and Yap, small-scale export experiments in Chuuk, and government discussions in Kosrae about joint ventures. Comparisons are also made with the Marshall Islands, which pursued tuna loining plants and transshipment hubs. The issue frames the central question of whether Micronesia should remain content with license revenues or risk investing again in domestic tuna enterprises.