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Using Market Mechanisms to Manage Fisheries

Smoothing the Path

image of Using Market Mechanisms to Manage Fisheries

In demystifying the concept of market-like instruments, this study explains how to make better use of market-like instruments in fisheries management by identifying practical steps that can be taken to further their use. The findings of the study are based on a survey of the use of market-like instruments in OECD fisheries in which the key characteristics of these instruments in different countries are identified. It finds that market-like instruments have generally improved the economic efficiency of the sector, and have helped to ensure the sustainability of fish stocks.

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Japan Roles and Functions of the Pooling System in Japanese Fisheries

Community-based fishery management has been employed in Japanese coastal areas for a long time now. Recent technological advancement of fishery operations, however, has enabled fishermen to efficiently harvest a large quantity of fish at one time. Fishermen sometimes face poor consequences caused by lower fish prices and overexploitation of resources. The oil shortage in the 1970s added an extra problem for small local entities.

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