Some attempts have been made in the past to provide estimates of the value
of global fisheries. For example, catch values from marine fisheries have
been reported by the FAO (2008) and Sumaila et al. (2007). The World
Bank (2008) estimated that current economic rent from the worlds fisheries
is...
I will discuss the current state of IUU fishing in Africa as reported in the literature. I will discuss the scope of this illegal activity in the continent and the economic and socila loss to the continent due to IUU fishing.
The World Bank has constructed wealth accounts for nearly 15 years, most recently in The Changing Wealth of Nations. The accounts include produced capital, natural capital and human and social capital. Natural capital includes agricultural land, forests, subsoil assets and protected areas, but omit a number of critical natural capital...
Recent articles in the multidisciplinary fisheries literature have been critical
of fisheries economics concepts and literature. For example, a paper by
Bromley (2009) entitled Abdicating Responsibility: The Deceits of
Fisheries Policy: Fisheries 34(6):280-302, provides a critical review of
fisheries economics. I explore the main issues raised in this paper and...
I first of all sketch a picture of the importance of fisheries to people and argue that our interactions with fish stocks, for the most part, are currently unsustainable. Next, I identify the provision of capacity-enhancing subsidies by governments or what has been described as ‘harmful' or ‘bad' subsidies in the...
The objective of this paper is to provide an analysis of the current state of fisheries subsidies worldwide, and how they are likely to affect the sustainability of fisheries. More specifically, I will review previous investigations of global subsidies issues, and give a brief overview of the impact of subsidies...
This paper proposes a game theoretic modeling framework for the assessment of the trade-off between economic efficiency gains and biodiversity conservation in a fishery. It introduces a biodiversity index, and develops an application of the method couched on Namibian hake fisheries. Results from the illustrative example show that the opportunity...
The contributions of small-scale fisheries to income and employment are well recognized but not sufficiently understood. It is difficult to gauge, for instance, whether this sector is economically viable, especially in the context of large-scale economic, social, political, and ecological change processes. These knowledge deficits create an environment of uncertainty...
I begin my talk by identifying the fish species that inhabit the California
Current Large Marine ecosystem (CCLME). Next, I categorize these
species into predator-prey and forage and non-forage fishes. I then present
the current catches, landed values, payment to labour (wages), capital
(profit) and payment to the resource owners...