Yap Summit Community Sector - Yap State Government

YAP STATE GOVERNMENT
SUBSISTENCE ACTIVITIES & PRIVATE SECTOR
Enhancing the Positive Impact Subsistence Activities
Subsistence activities are the reason why from Compact I to Compact II, despite the great extent of the cuts in
financial aid, the State did not undergo a major recession.
→ The Committee will explore the potential of traditional and subsistence activities, and how to link it to
private and public sector, revitalizing its role as “comparative advantage” of the State. The Committee will
also discuss how to address the impact of climate change on local practices.
Point of Reflection
• Gender, Small Business and Collateral
o
Women are more than 50% of Market Oriented Home Production
Inputs on Private Sector
SDP Private Sector Goals
Departments Interviewed: YCC (all), PW&T (all)
Private Sector # 1: Create a sound economic policy making environment, in full consultation with the private
sector, to support export-oriented, private sector-led growth.
policy making environment, in full consultation with the private sector: achieved;
support export-oriented: strong impediments;
private sector led growth: no elements to value it.
Positive aspects towards the achievement of the Goal:
• There is the perception that a policy making environment in full consultation with the private sector
exists. The Yap Chamber of Commerce (YCC) well represents the existing link between the two sectors.
Critical aspects were highlighted that may affect the final achievement of the Goal:
• In order to target the private sector properly, first of all a definition of what private sector comprehends
should be given. Agriculture fisheries, tourism can and should all follow under the definition of private
sector. In fact, in the case of Yap purchasing chains are almost absent as the producer and the seller very
often coincide. Therefore framing private sector as retailing does not apply.
Recommendations were made to support the achievement of the Goal:
• A definition of the very peculiar characteristics that the private sector may have in Yap should be given to
avoid pursuing Goals set for other private sector realities. As mentioned in the critical aspects towards the
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