Recognizing and Assessing Social and Economic Values in Fisheries Public Deposited

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Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, held July 11-15, 2016 at Aberdeen Exhibition and Conference Center (AECC), Aberdeen, Scotland, UK.

Suggested Bibliographic Reference: Challenging New Frontiers in the Global Seafood Sector: Proceedings of the Eighteenth Biennial Conference of the International Institute of Fisheries Economics and Trade, July 11-15, 2016. Compiled by Stefani J. Evers and Ann L. Shriver. International Institute of Fisheries Economics and Trade (IIFET), Corvallis, 2016.

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  • Fisheries are recognised to provide important contributions to the economy, through the creation of jobs, growth and GVA from both the catching sector and associated supply chain activities. They also provide social benefits, through individual well-being, contributions to strong communities, and knock-on benefits through supply chains. However, in national terms and compared to other sectors of the economy, the quantified level of these benefits is often relatively small. For policy makers evaluating trade-offs in costs and benefits between sectors for different policy options, the potential costs to fisheries can therefore appear less than the benefits to other sectors. However, for the fisheries sector, the importance for individuals and communities at the local scale can be significant. This paper reviews different approaches to assessing the social and economic importance of fisheries. It aims to provide a background on which to develop a discussion on the various aspects of the social and economic importance of fisheries, whether and how these should be assessed when considering impacts to the sector. Appropriate approaches and methodologies for assessing the social and economic importance of fisheries are likely to vary according to the context and scale of the assessment.
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  • 0976343290

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