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The Sunken Billions The Economic Justification For Fisheries Reform World Bank Food And Agriculture Organization

  • SKU: BELL-49003718
The Sunken Billions The Economic Justification For Fisheries Reform World Bank Food And Agriculture Organization
$ 31.00 $ 45.00 (-31%)

5.0

70 reviews

The Sunken Billions The Economic Justification For Fisheries Reform World Bank Food And Agriculture Organization instant download after payment.

Publisher: World Bank Publications
File Extension: EPUB
File size: 1.15 MB
Author: World Bank; Food and Agriculture Organization
ISBN: 9780821377901, 0821377906
Language: English
Year: 2009

Product desciption

The Sunken Billions The Economic Justification For Fisheries Reform World Bank Food And Agriculture Organization by World Bank; Food And Agriculture Organization 9780821377901, 0821377906 instant download after payment.

'The Sunken Billions: The Economic Justification for Fisheries Reform' shows the difference between the potential and actual net economic benefits from marine fisheries is about $50 billion per year, or some $2 trillion over the last three decades.
If fish stocks were rebuilt, the current marine catch could be achieved with approximately half the current global fishing effort. This illustrates the massive overcapacity of the global fleet. The excess competition for the limited fish resources results in declining productivity, economic inefficiency, and depressed fisher incomes.
The focus on the deteriorating biological health of world fisheries has tended to obscure their equally critical economic health. Achieving sustainable fisheries presents challenges not only of biology and ecology, but also of managing political and economic processes and replacing pernicious incentives with those that foster improved governance and responsible stewardship.
Improved governance of marine fisheries could regain a substantial part of this annual economic loss and contribute to economic growth. Fisheries governance reform is a long-term process requiring political will and consensus vision, built through broad stakeholder dialogue. Reforms will require investment in good governance, including strengthening marine tenure systems and reducing illegal fishing and harmful subsidies. Realizing the potential economic benefits of fisheries means reducing fishing effort and capacity. To offset the associated social adjustment costs, successful reforms should provide for social safety nets and alternative economic opportunities for affected communities.

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