Evaluation of Pakistan’s Fisheries Production as Compared to Other Countries: A Grey Relational Analysis

Abstract

The production of fisheries worldwide is examined in this research study, with an emphasis on the social, environmental, and economic aspects of this important sector. For millions of people globally, fisheries provide food and a living. They are therefore essential to food security. In order to determine changes in catch quantities, species diversity, and the effects of overfishing and climate change, the research analyses data from several regions. In order to secure the long- term sustainability of fishing resources, it also examines sustainable practices and regulations. Therefore, the aim of this study is to evaluate the production of fisheries of Pakistan against the world using Grey Relational Analysis (GRA). The design of this study is literature review, data acquisition, and analysis. Population understudy is all sovereign countries of the world. The study is envisaged on the data of total almost all countries of the world. The data is obtained from World Development Indicators (WDI). Techniques of analysis employed is GRA. Pakistan holds an excellent rank among the countries in terms of fisheries’ production. It is an original study based on accurate dataset, employing a unique analysis model, and provides lot of new insights to a wide range of stakeholders as it contributes gray relational coefficient, gray relational grades and gray relational ranks as against each country.

Keywords: Aqua Culture, Production of Fisheries, Pakistan Fisheries, GRA