1887

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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Korea Current Status and Implications of Fishermen-Oriented Co-Management Fisheries

Korea’s fish stocks are managed under the control of the government-led fishing license and permit system, the Total Allowable Catch (TAC) system, and through the application of numerous technical measures from a traditional perspective.

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