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Globalisation in Fisheries and Aquaculture

Opportunities and Challenges

image of Globalisation in Fisheries and Aquaculture

This overview of global markets for fish and fish products finds that they have changed considerably over the past few decades and continue to do so, with ever growing interactions across countries and continents. Change has brought substantial benefits to the world economy and a number of policy challenges for governments. To meet these challenges, without compromising the advantages of increasing market interactions, countries must develop and implement fisheries management frameworks and aquaculture strategies that accommodate globalisation without undermining resource sustainability.

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Annex A. Globalisation and Fisheries Developments

There is no agreed point in time when globalisation began. Some economic historians have noted the importance of the first circumnavigation of the Earth in 1519-21, while others note that the Vikings between 900-1050 were active traders who travelled great distances. However, a common feature is the expansion of the world economy and convergence towards a uniform pattern of economy. Sometimes these trends were slow or interrupted for long periods of time due to war or political confrontation, but whatever the pace, economic interaction and integration continues.

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