FAO Fisheries and Aquaculture Technical Paper No. 571
Rights-based management in international tuna fisherie
Squires, D., Allen, R. & Restrepo, V. 2013.
This technical paper discusses rights-based management of international tuna fisheries that directly addresses the incomplete or absent property rights underlying the incentives for overfishing, overcapacity, and failure to capture the full social and economic benefits that are possible. Rights that are secure, exclusive and extend into the future can be defined over shares of total allowable catch or effort or by units of capacity, but catch shares provide the strongest and most effective right. Rights-based management creates positive incentives that end the race to fish and creates conditions for matching capacity with fishing opportunities and sustainable catches, economic efficiency, full benefits, and wealth. Transferable rights provide a means of accommodating new members and increasing fishing by small island and coastal developing States.
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