This study and previous studies indicate that the current marine catch could be achieved with approximately half of the current global fishing effort. In other words, there is massive overcapacity in the global fleet. The excess fleets competing for the limited fish resources result in stagnant productivity and economic inefficiency. In response to the decline in physical productivity, the global fleet has attempted to maintain profitability by reducing...
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INFORMATION
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2009/02/25
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Autre étude sur l’agriculture
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47606
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1
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1
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2010/04/20
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Disclosed
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The sunken billions : the economic justification for fisheries reform
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Fisheries
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