The Use And Design Of Rigths And Tenure Based Management Systems For Transboundary Stocks In The Caribbean
This document provides the findings and recommendations from a desk study carried out in support of the Caribbean Billfish Project. It includes an analysis of the motivating factors for rights based approaches in order to address the common pool fishery problems which dissipate rents. Human action depends on the fisheries management approaches followed. The study recognizes that it is a challenge to apply rights based approaches in the developing world. The author states that the answer is to secure rights to the fishery to end the race to fish and to put proper incentives in place to increase wealth and sustainability. The document also describes the characteristics of strong rights and several rights based approaches in commercial and recreational fisheries for billfish.
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