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The management of transboundary marine resources : recent developments and elements of analysis

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  • Under the new Law of the Sea, the definition of exclusive zones was considered an important first step towards improved management of the world's fisheries. However, one of the limits to the effectiveness of extended Jurisdictions was the problem of transboundary fish stocks. This question recently appeared at the centre of the international debate on marine resources management. The paper examines these developments and some of the related issues. In particular, two major implications are the evolution of management objectives towards the integration of ecological interactions, and the development of a need for international co-ordination. A discussion of these problems based on the relevant economic theory is presented. This leads to consider the additional issues of uncertainty and the structure of entitlements to marine resources as important determinants of international arrangements, and to underline the particular role played by institutional frameworks in this context.
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  • Thébaud, Olivier. 1996. The management of transboundary marine resources : recent developments and elements of analysis. In: Proceedings of the Eighth International Conference of the International Institute of Fisheries Economics and Trade, July 1-4, 1996, Marrakech, Morocco. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2002. CD ROM.
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