Management strategy evaluation (MSE) is a methodology which allows to compare the efficiency of different management strategies in order to ensure the sustainability, in particular those based on viable control theory. Classic strategies (like precautionary approach of the International Council for the Exploration of the Sea, ICES) were compared to...
The Peruvian anchoveta fishery (the largest mono-specific fleet worldwide)
supplies mostly a chain of fishmeal and fish oil aimed at producing animal
feeds, mostly in other continents, whereas others supply chains for direct
human consumption only use <1% of the anchoveta landing. Although
improving during the last 10 years, this...
The World Bank has fostered introduction of an individual quota
management system in the world's largest fishery based on both economic
and social studies. The implementation of the quota legislation has
uncovered a range of issues which were largely foreseen but fall outside the
remit of the fisheries authorities. The...
The paper analyzes the recent behavior of the Peruvian Anchoveta Sector, the largest single stock fishery in the world. It describes the different phases of boom and contraction that it has undergone since the 1960s, and how the lack of adequate regulation allowed –and even fostered– over-investment in the sector...