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Aquaculture, Environmental Spillovers and Sustainable Developments: Links and Policy Choices

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  • Tisdell, Clement A.

Abstract

Although aquaculture has been practised for many centuries, it was in the past on quite a modest scale and limited to a few species e.g. carp. However, in recent decades, aquaculture has shown very rapid expansion. This is partly because catches of wild fish have expanded at a slower rate than demand and many new scientific and technological advances have been made in aquaculture. Furthermore, by the mid-1990s evidence available to scientists indicated that catches of wild fish had either reached, nearly reached or even exceeded their sustainable limits (Williams, 1997). Consequently, according to Meryl Williams (1997, p.18), Director of ICLARM, now “aquaculture is the major, though not sole hope, for improving the world’s fish production”. Aquaculture, particularly marine aquaculture, has become a new economic frontier. Just as humankind in the past experienced the Agricultural Revolution it seems now to be starting on an Aquaculture Revolution. Naturally, this raises the question of how sustainable it will be. The purpose of this article is to discuss the sustainability of aquaculture production. If expanded aquaculture production sets into motion forces that make it unsustainable, economic development based on it will be short lived. One should at least be aware how lack of economic sustainability of aquaculture production can arise, and be prepared to adopt policies to curb or prevent undesired trends in this.

Suggested Citation

  • Tisdell, Clement A., 2001. "Aquaculture, Environmental Spillovers and Sustainable Developments: Links and Policy Choices," Economics, Ecology and Environment Working Papers 48383, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqseee:48383
    DOI: 10.22004/ag.econ.48383
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    References listed on IDEAS

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    1. Clement A. Tisdell, 2014. "Sustainable agriculture," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 32, pages 517-531, Edward Elgar Publishing.
    2. Richard C. Bishop, 1978. "Endangered Species and Uncertainty: The Economics of a Safe Minimum Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 10-18.
    3. Tietenberg, Thomas H, 1974. "On Taxation and the Control of Externalities: Comment," American Economic Review, American Economic Association, vol. 64(3), pages 462-466, June.
    4. Clem Tisdell, 2003. "Economic policy instruments and environmental sustainability: another look at environmental-use permits," Chapters, in: Ecological and Environmental Economics, chapter 17, pages 243-247, Edward Elgar Publishing.
    5. Mohammad Alauddin & Clement Allan Tisdell, 1998. "The Environment and Economic Development in South Asia," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-26392-9.
    6. Andrew K. Dragun & Clem Tisdell (ed.), 1999. "Sustainable Agriculture and Environment," Books, Edward Elgar Publishing, number 1881.
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    Cited by:

    1. Tisdell, Clement A., 2005. "The Environment and the Selection of Aquaculture Species and Systems: An Economic Analysis," Economics, Ecology and Environment Working Papers 55091, University of Queensland, School of Economics.
    2. Tisdell, Clement A., 2006. "Notes on the Economics of Fish Biodiversity: Linkages between Aquaculture and Fisheries," Economics, Ecology and Environment Working Papers 55096, University of Queensland, School of Economics.

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