Value slipping through the net: managing fish stocks for public benefit

Value slipping through the net: managing fish stocks for public benefit
Document type
Report
Author(s)
Crilly, Rupert; Esteban, Aniol
Publisher
New Economics Foundation
Date of publication
7 October 2011
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This report argues that fish are a public good, owned by everybody and ensuring that society actually benefits and continues to benefit from fishing should duly be at the heart of management. But, at the moment, neither the European Union (EU) nor its member states place any conditions on fishermen to deliver social and environmental benefits to society, in spite of the public ownership of the resource. Without these, the process of allocating quotas - essentially giving permission to exploit a commonly owned resource - is blind to virtually all of the impacts of fisheries and risks the future health of marine resources and the fishing industry.

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