Institutional Economics and Fisheries Management: The Case of Pacific Tuna - Image 1

£67.73

Edward Elgar Publishing Institutional Economics and Fisheries Management: The Case of Pacific Tuna

Name: Institutional Economics and Fisheries Management: The Case of Pacific Tuna
Brand: Edward Elgar Publishing
Price: 67.73 GBP
Availability: InStock

Economics

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Description

Elizabeth H. Petersen argues that economists and other social scientists are increasingly focusing their attention towards institutions (defined as humanly-devised rules) as critical determinants of economic, social and political growth and development. Institutions responsible for the governance of fishery resources have experienced dramatic reforms over the last few decades, stimulated by increased competition for access and exploitation of resources, leading to emerging scarcity of these very resources. This book aims to contribute to the biological and economic sustainability of fish resources worldwide by providing an analysis of fisheries management in the context of new institutional economics. The book's premise is that sound fisheries management requires a clear definition of policy goals for the fishery, such as long-term biological sustainability and maximization of sustainable economic returns, and the subsequent development of institutions capable of aiding and achieving these policy goals. Without such policies and institutions, the author illustrates, there is likely to be continued resource conflict as well as biological and economic over-exploitation. This book provides an innovative institutional framework for managing multilateral fisheries and includes suggestions for solving specific fisheries problems, such as managing fishery revenues and trading cheap fisheries access for foreign aid. The book concludes with a discussion of the importance of economic growth and development, as well as broader socio-economic institutions for fisheries. As such, it will be of enormous interest to environmentalists, ecologists, policymakers, scholars and practitioners focusing on fisheries management. Review 'I recommend Institutional Economics and Fisheries Management because I am sure readers who are not into new institutional economics will have a nice overview of this area of economics, and those who are, will see the concepts of new institutional economics applied to fisheries in a brilliant manner. Fisheries regulators and managers will find useful ideas to help them do their work better.' About the Author Elizabeth H. Petersen, Natural Resource Economist, Advanced Choice Economics Pty Ltd, Research Officer, School of Agricultural and Resource Economics, University of Western Australia and Research Associate, Research School of Pacific and Asian Studies, Australian National University

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1843767821
Category: Books > Subjects > Business, Finance & Law > Economics
Domain: Amazon UK
Release Date: 27 January 2006
Listed Since: 17 October 2006

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Edward Elgar Publishing Institutional Economics and Fisheries Management: The Case of Pacific Tuna

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