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Policy Options for Management of Highly Migratory Fish Stocks in the Western and Central Pacific Ocean

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Abstract
  • Highly migratory fish stocks in the Western and Central Pacific Ocean are an important source of income for those Pacific island nations through whose economic zones the stocks pass, and for distant water fishing nations that target the stocks. Although the tropical stocks have been regarded in the past as highly productive, many stocks are now under pressure. A Commission for the management and conservation of the stocks was established late in 2005, under the principles and guidelines laid down in the United Nations Fish Stocks Agreement. The Secretariat has listed a range of possible conservation and management measures, including: catch and effort reductions; fleet capacity limits; and area, gear and period closures, taking account of stocks classified as overfished by the relevant scientific committee. The paper considers the desirability of these and other measures, such as fees for access to economic zones, and marketable harvesting rights to fishing a stock anywhere within areas where stock levels are not threatened. Criteria include minimum target stock levels, sustainability, economic efficiency and equity. Problems discussed are: increased access fees leading to greater diversion of distant water fishing nations’ effort to areas just outside economic zones; the extent of discriminatory pricing of harvesting rights systems needed for efficiency where the age distribution of stock, or across-stock interactions, differ spatially; and the likelihood of all interested parties agreeing to a management regime even if it could potentially benefit all parties. The appropriateness of alternative quantitative fishery modeling approaches for aiding the setting of regulatory parameters is considered.
  • Keywords: Economic Efficiency, Highly Migratory Fish Stocks, Western and Central Pacific Ocean
  • Keywords: Economic Efficiency, Highly Migratory Fish Stocks, Western and Central Pacific Ocean
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  • Kennedy, John. 2006. Policy Options for Management of Highly Migratory Fish Stocks in the Western and Central Pacific Ocean. In: Proceedings of the Thirteenth Biennial Conference of the International Institute of Fisheries Economics & Trade, July 11-14, 2006, Portsmouth, UK: Rebuilding Fisheries in an Uncertain Environment. Compiled by Ann L. Shriver. International Institute of Fisheries Economics & Trade, Corvallis, Oregon, USA, 2006. CD ROM. ISBN 0-9763432-3-1
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  • The National Oceanic & Atmospheric Administration Marine Fisheries Service, United States Department of Commerce (NOAA Fisheries); United Kingdom Department for Environment, Food and Rural Affairs (DEFRA); The United States Agency for International Development supported Aquaculture Collaborative Research and Support Program (ACRSP).
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