Sunken Billions : the Economic Justification for Fisheries Reform by World Bank

Sunken Billions : the Economic Justification for Fisheries Reform by World Bank

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Economic losses in marine fisheries resulting from poor management, inefficiencies, and overfishing add up to US$50 billion per year. Taken over the last three decades, these losses total over US$2 trillion, a figure roughly equivalent to the GDP of Italy. The Sunken Billions: The Economic Justification for Fisheries Reform argues that well-managed marine fisheries could turn most of these losses into sustainable economic benefits for millions of fishers and coastal communities. According to this book, the bulk of losses occur in two main ways. First, depleted fish stocks mean that there are fewer fish to catch, and therefore the cost of finding and catching them is greater than it might be. Second, fleet overcapacity means that the economic benefits of fishing are dissipated due to redundant investment and operating costs.

Publisher: World Bank Publications
Year: 2009
Binding: Paperback
ISBN: 9780821377901
Condition: Very Good

Note: This image is from a stock photo and may differ from the actual cover.

SKU: 1356880
Location: Animals
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