Fisheries Policy Reform

National Experiences

image of Fisheries Policy Reform

Much has been done over the years to improve fisheries management in OECD countries. Ongoing problems of over-fishing, overcapacity and the economic crisis intensify the need for reform. Although there is a general consensus on the importance of a successful fisheries management, the effort levels and effectiveness of policy reforms have differed among OECD countries. This study examines the factors that facilitate reform, as well as the difficulties countries face in the process of reform. It provides an overview of domestic reform experiences in Norway, Mexico, Iceland, New Zealand and Korea. 


Development of the individual transferable quota system in Iceland

Iceland is one of the leading countries to have adopted the Individual Transferable Quota (ITQ) system and applied the system to fisheries management. Therefore, Icelandic experiences in the ITQ system development provide good insights for fisheries policy reforms at the national level. This chapter describes the evolution of quota system in the Icelandic fisheries sector, key features of the current ITQ system and outcomes of the system. Furthermore, this chapter aims at sharing information and lessons learned from the Icelandic experiences.


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