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https://ir.library.oregonstate.edu/concern/conference_proceedings_or_journals/mp48sj19h

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  • While the importance of international trade in fish products has long been recognized, international trade in fishing services (TIFS), involving harvesting, processing, transportation and marketing has received but little attention. Yet, one half of the world’s EEZs involve foreign fishing arrangements, resulting in such trade. The World Bank report, Trade in Fishing Services (2014), represents a first step towards building the understanding of TIFS and its potential impacts. This paper discusses the key economic findings of the report, which point to the potential enhancement of resource rent through time that TIFS offers. The economics of TIFS is seen to rest upon a blend of standard fisheries economics, international economics and Principal-Agent analysis. The paper discusses as well an attempt to apply some of the key economic findings of the report to coastal states of West Africa, and the potential opportunities opened up by such an application for south-south cooperation. The paper concludes by arguing that TIFS open up a major avenue for future research by fisheries economists
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