The New Zealand Ministry of Fisheries recently set out a strategic approach to managing the adverse effects of fishing on the aquatic environment. The primary purpose of this Strategy for Managing the Environmental Effects of Fishing (SMEEF) is to set out how the Ministry of Fisheries will meet its environmental...
Commercial property rights in New Zealand are designed to address utilisation and sustainability issues relating to single-stock management. However, commercial property rights may not provide incentives that address environmental impacts of fishing if these impacts do not affect the value of the property right. But is it really that simple?...