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Economics of Pacific tuna management

Ram-Bidesi, Vina (2011) Economics of Pacific tuna management. In: Integrating Economics into Resource and Environmental Management: some recent experiences in the Pacific. IUCN, Gland, Switzerland in collaboration with the IUCN Regional Office for Oceania, Suva, Fiji and SOPAC, Suva, Fiji., Gland, Switzerland and Suva, Fiji, pp. 87-93. ISBN 9782831713069

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This paper reflects on the management of tuna in the Western and Central Pacific Ocean (WCPO) through a review of some recent economic studies to address important resource policy questions. It points out that the common pool problem remains because of the transboundary and shared nature of the resources with multiple interests which can lead to unsustainable outcomes. Strategies for optimal solutions can only be achieved through a greater cooperation and coordination of various competing interests. The challenge for Pacific Island Countries (PICs) is to strategically re-consider their tuna policy-making and to identify solutions that can allow for voluntary cooperation in joint management arrangements. In formulating their respective positions, Resource and Environmental Economics study can provide helpful policy tools for PICs given their peculiar dependence on tuna, much of which lie outside the conventional market economy. Firstly, the paper briefly describes the tuna fisheries and the issues arising in relation to management of the resources which have direct economic implications. It then examines the current policy options that are implemented or under consideration to show that these solutions are unlikely to lead to sustainable fisheries that can meet the development needs of PICs in the long term. The paper suggests that resource accounting and valuation techniques could provide useful insights into framing the PICs positions for negotiations in reaching agreements amongst the various interest groups.

Item Type: Book Chapter
Subjects: H Social Sciences > HF Commerce
S Agriculture > SH Aquaculture. Fisheries. Angling
Divisions: Faculty of Science, Technology and Environment (FSTE) > School of Marine Studies
Depositing User: Ms Mereoni Camailakeba
Date Deposited: 18 Jun 2011 09:22
Last Modified: 11 Mar 2013 22:14

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