The Sunken Billions

The Sunken Billions

Author: World Bank

Publisher: World Bank Publications

Published: 2009-02-25

Total Pages: 130

ISBN-13: 0821379143

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'The Sunken Billions: The Economic Justification for Fisheries Reform' shows the difference between the potential and actual net economic benefits from marine fisheries is about $50 billion per year, or some $2 trillion over the last three decades. If fish stocks were rebuilt, the current marine catch could be achieved with approximately half the current global fishing effort. This illustrates the massive overcapacity of the global fleet. The excess competition for the limited fish resources results in declining productivity, economic inefficiency, and depressed fisher incomes. The focus on the deteriorating biological health of world fisheries has tended to obscure their equally critical economic health. Achieving sustainable fisheries presents challenges not only of biology and ecology, but also of managing political and economic processes and replacing pernicious incentives with those that foster improved governance and responsible stewardship. Improved governance of marine fisheries could regain a substantial part of this annual economic loss and contribute to economic growth. Fisheries governance reform is a long-term process requiring political will and consensus vision, built through broad stakeholder dialogue. Reforms will require investment in good governance, including strengthening marine tenure systems and reducing illegal fishing and harmful subsidies. Realizing the potential economic benefits of fisheries means reducing fishing effort and capacity. To offset the associated social adjustment costs, successful reforms should provide for social safety nets and alternative economic opportunities for affected communities.


Fish, Markets, and Fishermen

Fish, Markets, and Fishermen

Author: Suzanne Iudicello

Publisher: Island Press

Published: 2012-06-22

Total Pages: 207

ISBN-13: 1610912683

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A significant number of the world's ocean fisheries are depleted, and some have collapsed, from overfishing. Although many of the same fishermen who are causing these declines stand to suffer the most from them, they continue to overfish. Why is this happening? What can be done to solve the problem. The authors of Fish, Markets, and Fishermen argue that the reasons are primarily economic, and that overfishing is an inevitable consequence of the current sets of incentives facing ocean fishermen. This volume illuminates these incentives as they operate both in the aggregate and at the level of day-to-day decision-making by vessel skippers. The authors provide a primer on fish population biology and the economics of fisheries under various access regimes, and use that information in analyzing policies for managing fisheries. The book: provides a concise statistical overview of the world's fisheries documents the decline of fisheries worldwide gives the reader a clear understanding of the economics and population biology of fish examines the management issues associated with regulating fisheries offers case studies of fisheries under different management regimes examines and compares the consequences of various regimes and considers the implications for policy making The decline of the world's ocean fisheries is of enormous worldwide significance, from both economic and environmental perspectives. This book clearly explains for the nonspecialist the complicated problem of overfishing. It represents a basic resource for fishery managers and others-fishers, policymakers, conservationists, the fish consuming public, students, and researchers-concerned with the dynamics of fisheries and their sustenance.


Fisheries Economics, Volume II

Fisheries Economics, Volume II

Author: Lee G. Anderson

Publisher: Routledge

Published: 2020-01-16

Total Pages: 470

ISBN-13: 1000694151

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This title was first published in 2002: This important collection of international research on fisheries economics offers a comprehensive source of contemporary research on key topics in the field, as well as presenting the history of how the economic theory of fisheries exploitation has developed. Bringing into focus a wide range of inquiry, this second volume concentrates on extensions, analysis of management agencies and applications. Individual papers examine fundamental issues including, multispecies models, international utilization and recreational fisheries. Fisheries Economics is an invaluable research reference collection for the libraries of academic and other professional economists, as well as an indispensable resource for those studying across the fields of natural resources, fisheries economics and particularly fisheries management.