An ITQ scheme has been shown to create a quota induced incentive for discarding of fish in excess of what is socially optimal. This finding is corroborated by empirical evidence in several ITQ managed fisheries. The incentive for discarding, over and above those expected in an unmanaged or input controlled...
According to conventional economic wisdom the economically more efficient technology will always outcompete the less efficient. This hypothesis has usually been taken to hold for the exploitation of common pool renewable natural resources such as fish stocks. This paper claims that, while this is not necessarily false, it may be...
The paper first introduces the fisheries management dilemma faced by many Asian developing countries including Thailand and the key elements of a transition policy towards responsible fisheries. It then analyses current fisheries management costs in Thai marine fisheries. Major cost items include fisheries research (especially stock assessment), monitoring, control and...
Trends in key fisheries indicators are presented to provide the context for a profile of the economic health of the world's marine fisheries. Estimates of the economic value of global marine fishery production and costs of production are used as inputs to an economic model to derive a range of...
Subsidies are most often discussed within global fora (such as the World Trade Organization) in terms of concerns over trade distortions, if some countries gain an unfair advantage, through their subsidies, over unsubsidized industry elsewhere. In fisheries, this concern is matched by an environmental argument – that fish stock depletion...
A debate is emerging over the extent to which privatization of fishery resources – private ownership and resource management without significant state oversight- is practical and socially desirable. What we term the “optimists” maintain that there are no effective limits to privatization and that the decades old fear that privatization...
Poverty reduction and food security are key development concerns articulated through Poverty Reduction Strategy Papers (PRSPs). This paper examines the fisheries sector's participation in these strategies. Adapting Oksanen and Mersmann's (2002) methodology for assessing the status of forestry in Sub-Saharan Africa, we evaluate the fisheries sector's representation in twenty-nine African...
A rapid increase in the Thai trawl and push net fisheries had led to over fishing and thus fishery resource degradation. Catch per unit effort decreased from over 300 kg/hr in the past 30 years to less than 20 kg/hr recently. The impact has placed a greater burden on coastal...