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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United States

Domestic Fisheries Experiences in the Transition to Rational Fisheries

Nearly all fisheries managed by the National Marine Fisheries Service (NOAA Fisheries) have excess and overcapacity. Even though rebuilding programs are ending overfishing (a net positive gain of 17 out of 909 stocks considered), many fish stocks remain overfished (76) or are experiencing overfishing (60).


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