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The Economics and Management of World Fisheries


  • Bjorndal, Trond

    (Professor and Director, CEMARE, the University of Portsmouth and Professor, Aalesund University College)

  • Munro, Gordon

    (Professor Emeritus, Department of Economics and Fisheries Centre, University of British Columbia; Visiting Professor, CEMARE, University of Portsmouth)


Over the past several decades there has been increasing interest in, and concern about, the economics of the world's capture fishery resources. Massive amounts of resource rent are being lost because of inadequate management and major rebuilding of fishery resources is called for. This book draws together the latest economic theory of the management of these resources, at both the national and the international levels, and highlights areas where further research is urgently required. The emphasis is on world capture fisheries, rather than fisheries of specific regions, and examples are drawn upon from both developed and developing countries. It combines economic theory and empirical testing with an examination and analysis of resource policy options, with particular emphasis on fisheries management polices at the international level, where some of the most difficult resource management problems are found. The authors maintain that capture fishery resources are properly viewed as a part of society's portfolio of natural capital assets. Consequently, a central theme of the book is that managing such resources should be viewed as asset management through time. Written by two leading authorities, this accessible textbook has been specially developed to meet the needs of students taking courses on fisheries management as well as professionals working in this area for governments and international organisations.

Suggested Citation

  • Bjorndal, Trond & Munro, Gordon, 2012. "The Economics and Management of World Fisheries," OUP Catalogue, Oxford University Press, number 9780199576753.
  • Handle: RePEc:oxp:obooks:9780199576753

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    Cited by:

    1. repec:oup:oxford:v:33:y:2017:i:4:p:541-571. is not listed on IDEAS
    2. Scott Duke Kominers & Alexander Teytelboym & Vincent P Crawford, 2017. "An invitation to market design," Oxford Review of Economic Policy, Oxford University Press, vol. 33(4), pages 541-571.
    3. Kvamsdal, Sturla F. & Maroto, José M. & Morán, Manuel & Sandal, Leif K., 2016. "A bridge between continuous and discrete-time bioeconomic models: Seasonality in fisheries," Discussion Papers 2016/20, Norwegian School of Economics, Department of Business and Management Science.
    4. Gordon Munro & U. Sumaila, 2015. "On the Contributions of Colin Clark to Fisheries Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 61(1), pages 1-17, May.
    5. Ekerhovd, Nils-Arne & Kvamsdal, Sturla F., 2017. "Up the ante on bioeconomic submodels of marine food webs: A data assimilation-based approach," Ecological Economics, Elsevier, vol. 131(C), pages 250-261.
    6. Alaei Borujeni, Pezhman & Steinshamn, Stein Ivar & Mortazavi, Sayed Abolghasem & Salehi, Hasan, 2015. "Enhance and advance: The benefits of recruitment enhancement in the case of the Iranian Kutum Fishery," Marine Policy, Elsevier, vol. 61(C), pages 23-32.
    7. Asche, Frank & Bjørndal, Marianne Tranberg & Bjørndal, Trond, 2014. "Development in fleet fishing capacity in rights based fisheries," Marine Policy, Elsevier, vol. 44(C), pages 166-171.
    8. Bjørndal, Trond & Lappo, Alena & Ramos, Jorge, 2015. "An economic analysis of the Portuguese fisheries sector 1960–2011," Marine Policy, Elsevier, vol. 51(C), pages 21-30.
    9. repec:eee:ecomod:v:364:y:2017:i:c:p:124-131 is not listed on IDEAS

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