The Sunken Billions: The Economic Justification For Fisheries Reform

Nonfiction, Science & Nature, Technology, Fisheries & Aquaculture
Cover of the book The Sunken Billions: The Economic Justification For Fisheries Reform by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar, World Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar ISBN: 9780821377901
Publisher: World Bank Publication: February 24, 2009
Imprint: Language: English
Author: World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
ISBN: 9780821377901
Publisher: World Bank
Publication: February 24, 2009
Imprint:
Language: English
Economic losses in marine fisheries resulting from poor management, inefficiencies, and overfishing add up to US50 billion per year. Taken over the last three decades, these losses total over US2 trillion, a figure roughly equivalent to the GDP of Italy.The Sunken Billions: The Economic Justification for Fisheries Reform argues that well-managed marine fisheries could turn most of these losses into sustainable economic benefits for millions of fishers and coastal communities.According to this book, the bulk of losses occur in two main ways. First, depleted fish stocks mean that there are fewer fish to catch, and therefore the cost of finding and catching them is greater than it might be. Second, fleet overcapacity means that the economic benefits of fishing are dissipated due to redundant investment and operating costs. The book stresses that the figure of US50 billion represents a conservative estimate, as it excludes losses to recreational fisheries and marine tourism as well as losses due to illegal fishing.The Sunken Billions argues that strengthened fishing rights can provide fishers and fishing communities with incentives to operate in an economically efficient and socially responsible manner. Phasing out subsidies that enhance redundant fishing capacity and harvesting effort will improve efficiency. Greater transparency in allocation of fish resources and greater public accountability for fisheries management and health of fish stocks will help eco-labeling initiatives to certify sustainable fisheries.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Economic losses in marine fisheries resulting from poor management, inefficiencies, and overfishing add up to US50 billion per year. Taken over the last three decades, these losses total over US2 trillion, a figure roughly equivalent to the GDP of Italy.The Sunken Billions: The Economic Justification for Fisheries Reform argues that well-managed marine fisheries could turn most of these losses into sustainable economic benefits for millions of fishers and coastal communities.According to this book, the bulk of losses occur in two main ways. First, depleted fish stocks mean that there are fewer fish to catch, and therefore the cost of finding and catching them is greater than it might be. Second, fleet overcapacity means that the economic benefits of fishing are dissipated due to redundant investment and operating costs. The book stresses that the figure of US50 billion represents a conservative estimate, as it excludes losses to recreational fisheries and marine tourism as well as losses due to illegal fishing.The Sunken Billions argues that strengthened fishing rights can provide fishers and fishing communities with incentives to operate in an economically efficient and socially responsible manner. Phasing out subsidies that enhance redundant fishing capacity and harvesting effort will improve efficiency. Greater transparency in allocation of fish resources and greater public accountability for fisheries management and health of fish stocks will help eco-labeling initiatives to certify sustainable fisheries.

More books from World Bank

Cover of the book Remittance Markets in Africa by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book The Little Data Book on Africa 2012/2013 by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book A Step Ahead by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Handbook On Poverty And Inequality by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Lessons From Nafta: For Latin America And The Caribbean by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book China Urbanizes: Consequences, Strategies, And Policies by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Economic Development And Multilateral Trade Cooperation by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Disease Control Priorities, Third Edition (Volume 8) by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Improving Primary Health Care Delivery In Nigeria: Evidence From Four States by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Ascent after Decline: Regrowing Global Economies after the Great Recession by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Harnessing Quality for Global Competitiveness in Eastern Europe and Central Asia by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Rethinking School Health: A Key Component of Education for All by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Global Financial Development Report 2013: Rethinking the Role of the State in Finance by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book International Trade In Health Services And The Gats: Current Issues And Debates by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Agricultural Price Distortions, Inequality, And Poverty by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy