Navigating risks and uncertainties: Risk perceptions and risk management strategies in the Philippine seaweed industry

Suyo, Jee Grace B.; Masson, Virginie Le; Shaxson, Louise; Luhan, Maria Rovilla J.; Hurtado, Anicia Q.

doi:10.1016/j.marpol.2021.104408

Cited by 25 publications

(16 citation statements)

References 41 publications

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“…The impacts caused by the external uncertainties on the food production sector are mainly reflected in the impacts on the cost, inventory, production strategy, support services and financial risks of food production enterprises (including agri-products processing enterprises and food manufacturing enterprises) [ 66 , 67 , 68 ], which lead to the instability of food supply, price fluctuation and decrease of profits for enterprises. The risks in this sector can be divided into two categories according to the source: one is the direct impact of the external uncertainties on the food production sector, and the other is the transmission of impacts of the external uncertainties on the primary agri-products supply sector ( Figure 3 ).…”

Section: Methodsmentioning

confidence: 99%

Dynamic Impacts of External Uncertainties on the Stability of the Food Supply Chain: Evidence from China

Song

2022

Foods

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The food supply chain operates in a complex and dynamic external environment, and the external uncertainties from natural and socio-economic environment pose great challenges to the development of the food industry. In particular, the COVID-19 pandemic and Russia–Ukraine conflict have further exacerbated the vulnerability of the global food supply chain. Analyzing the dynamic impacts of external uncertainties on the stability of food supply chain is central to guaranteeing the sustainable security of food supply. Based on the division of food supply chain and the classification of external uncertainties, the TVP-FAVAR-SV model was constructed to explore the dynamic impacts of external uncertainties on food supply chain. It was found that the impacts of external uncertainty elements were significantly different, the combination of different external uncertainty elements aggravated or reduced the risks of food supply chain. And some uncertainty elements had both positive and negative impacts in the whole sample period, as the magnitude and direction of the impacts of various uncertainties in different periods had time-varying characteristics.

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Section: Methodsmentioning

confidence: 99%

Dynamic Impacts of External Uncertainties on the Stability of the Food Supply Chain: Evidence from China

Song

2022

Foods

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“…National standards for cultivating seaweeds typically concentrate on the control of farm risks, including diseases, pests and pathogens that may limit farm productivity, harvest quality and adversely impact the price and also related to safe consumption of the seaweed. 71,96,100,101 China has one of the most comprehensive suites of national standards, which cover the entire Gracilaria cultivation process, including the production of planting strains that are fast-growing, heat tolerant and resilient to environmental shocks. Indonesia, Vietnam and Chile have national standards that guide Gracilaria cultivation up to processing, but no standards have been introduced for producing resilient strains as well as diseases prevention.…”

Section: National Standard For Cultivating Seaweedmentioning

confidence: 99%

Overview of global Gracilaria production, the role of biosecurity policies and regulations in the sustainable development of this industry

Mantri

Kambey

Cottier‐Cook

et al. 2022

Reviews in Aquaculture

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Gracilaria aquaculture is one of the fastest-growing sectors, contributing to 10.5% of the global seaweed feed-stock supply chain in 2019. It predominantly caters to foodgrade agar, animal feed and non-food sector applications viz. biotechnology, biomedical and pharmaceuticals. It has witnessed a rapid expansion triggered by increased demand due to commodity trade. Biosecurity-related issues are the key factors constraining its expansion, but are seldom addressed. The global gracilarioids aquaculture is dominated by China and other Asian countries, namely the Republic of Korea, Indonesia, the Philippines and Vietnam. This paper provides an assessment of their national biosecurity capacity, including current risk management strategies, policies and the implementation of existing regulations. It also highlights specific gaps in national policies and regulations, which can be addressed to improve their health management systems. Biosecurity management strategies, such as the provision of clear regulatory guidance, mechanisms for notifying disease and pest outbreaks, movement of live seaweed, risk assessment, stakeholder incentivisation and certification are recommended. Further, insights into the impending biosecurity measures to the emerging countries in this domain namely India and Malaysia are discussed. We suggest, implementing a uniform format of global integrated biosecurity measures Vaibhav A. Mantri and Cicilia S. B. Kambey have contributed equally to this study.

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“…Risk comprehension, description, concepts alongside measurement and management methodologies vary according to fields. In this case, marine risk assessment commonly adheres to the ISO 31000, the common international standard for risk management designed for any field [10]. The marine and offshore industry has conducted its risk assessment on marine activities such as fishing, oil splintering and navigation [11].…”

Section: Fig 1 -Step By Step Approach By Msp [5]mentioning

confidence: 99%

A Systematic Review of Marine Risk Assessment: The Fuzzy Analytic Hierarchy Process (FAHP)

Parmen¹,

Abdullah²

2022

IJIE

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This systematic review examines the marine risk assessment (MRA) by identifying the most viable method in assessing marine risks using the latest technology. This paper centers on the Fuzzy Analytic Hierarchy Process (FAHP) where the techniques and advantages of FAHP in facilitating important decisions were analyzed. A systematic review of the literature was conducted to highlight the significance and potentials of FAHP in providing a comprehensive risk assessment analysis which serves as a standard applicable guideline in the marine industry. To begin, a systematic search was conducted in three electronic databases (Mendeley, Scopus, and ScienceDirect) to gather relevant material. They're a database of sorts. Following the completion of the data, a systematic review was done in accordance with the findings. This document, which focuses on a variety of risk assessment disciplines, offers the analysis and outcomes of many studies that used a variety of analytical approaches, all of which were conducted using FAHP. Furthermore, the findings of this analysis provide further insights and choices in the area of hierarchical decision-making, particularly in the realm of risk assessment.

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Navigating risks and uncertainties: Risk perceptions and risk management strategies in the Philippine seaweed industry

Cited by 25 publications

References 41 publications

Dynamic Impacts of External Uncertainties on the Stability of the Food Supply Chain: Evidence from China

Dynamic Impacts of External Uncertainties on the Stability of the Food Supply Chain: Evidence from China

Overview of global Gracilaria production, the role of biosecurity policies and regulations in the sustainable development of this industry

A Systematic Review of Marine Risk Assessment: The Fuzzy Analytic Hierarchy Process (FAHP)

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