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 The Puppet Masters: How the Corrupt Use Legal Structures to Hide Stolen Assets and What to Do About It by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Services Trade and Development by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Trade Preference Erosion: Measurement And Policy Response by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Integrity In Mobile Phone Financial Services: Measures For Mitigating The Risks From Money Laundering And Terrorist Financing by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Using Public Expenditure Tracking Surveys To Monitor Projects And Small-Scale Programs: A Guidebook by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Learning from Megadisasters by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book World Bank East Asia And Pacific Economic Update 2010, Volume 1 by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Governance Reform Under Real World Conditions: Citizens, Stakeholders, And Voice by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Reducing Geographical Imbalances of Health Workers in Sub-Saharan Africa: A Labor Market Prospective on What Works What Does Not and Why by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book From Right to Reality: Incentives, Labor Markets, and the Challenge of Universal Social Protection in Latin America and the Caribbean by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Global Monitoring Report 2012: Food Prices, Nutrition, and the Millennium Development Goals by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Climate Change and the World Bank Group: Phase I I - The Challenge of Low-Carbon Development by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Trade And Transport Facilitation Assessment: A Practical Toolkit For Country Implementation by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Global Monitoring Report 2015/2016 by World Bank; FAO; Kelleher Kieran; Willmann Rolf; Arnason Ragnar
Cover of the book Une couverture sanitaire universelle pour un développement durable inclusif 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