IDEAS home Printed from https://ideas.repec.org/a/ids/ijgenv/v7y2007i2-3p106-118.html
   My bibliography  Save this article

Global marine fisheries resources: status and prospects

Author

Listed:
  • James N. Sanchirico
  • James E. Wilen

Abstract

This paper discusses the current status of the world's fisheries and their prospects for the future, from the perspective of the economics discipline. We focus on governance institutions within which fisheries are conducted, discussing their evolution during the post WW II period with particular emphasis on the jurisdiction extension codified by the Law of the Sea Convention in 1982. We discuss the stages through which governance institutions in fisheries seem to be moving, culminating with a discussion of recent experiences with rights-based systems. Of particular importance is the manner in which behavioural incentives are framed by governance institutions. We discuss evidence about how rights-based systems fundamentally alter incentives in comparison with systems that retain vestiges of open access incentives. Promoting sustainable use of the world's fisheries is critically dependent upon the alignment of economic incentives with conservation objectives, a prospect that appears possible only when rights-based management is adopted.

Suggested Citation

  • James N. Sanchirico & James E. Wilen, 2007. "Global marine fisheries resources: status and prospects," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 7(2/3), pages 106-118.
    • Handle: RePEc:ids:ijgenv:v:7:y:2007:i:2/3:p:106-118
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=13569
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert N. Stavins, 2011. "The Problem of the Commons: Still Unsettled after 100 Years," American Economic Review, American Economic Association, vol. 101(1), pages 81-108, February.
    2. Davis, Katrina & Pannell, David J. & Kragt, Marit & Gelcich, Stefan & Schilizzi, Steven, 2014. "Accounting for enforcement is essential to improve the spatial allocation of marine restricted-use zoning systems," Working Papers 195718, University of Western Australia, School of Agricultural and Resource Economics.
    3. Hospital, Justin & Beavers, Courtney, 2014. "Catch shares and the main Hawaiian Islands bottomfish fishery: Linking fishery conditions and fisher perceptions," Marine Policy, Elsevier, vol. 44(C), pages 9-17.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijgenv:v:7:y:2007:i:2/3:p:106-118. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=14 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.