LEADER 03048nam 2200613 450 001 9910792862003321 005 20230809223529.0 010 $a0-255-36742-2 010 $a0-255-36741-4 035 $a(CKB)3710000001140496 035 $a(MiAaPQ)EBC4835268 035 $a(EXLCZ)993710000001140496 100 $a20170420d2017 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 00$aSea change $ehow markets and property rights could transform the fishing industry /$fedited by Richard Wellings ; with contributions from Paul Dragos Aligica [et al.] 210 $aLondon :$cThe Institute of Economic Affairs,$d2017. 210 4$dİ2017 215 $a1 online resource (xviii, 144 p.) $cmap 311 $a0-255-36740-6 320 $aIncludes bibliographical references 330 $aGovernment management of fisheries has been little short of disastrous. In many regions, valuable fish stocks have collapsed as a result of overfishing. Ill-conceived regulation also means that every year millions of tons of edible fish are thrown back dead into the sea. While an absence of established property rights means that wild fish are vulnerable to overfishing, the problem is greatly exacerbated by large subsidies. State intervention has created significant overcapacity in the industry and undermined the economic feedback mechanisms that help to protect stocks. This short book sets out a range of policy options to improve outcomes. As well as ending counterproductive subsidies, these include community-based management of coastal zones and the introduction of individual transferable quotas. The analysis is particularly relevant to the UK as it begins the process of withdrawal from the European Union. After decades of mismanagement under the Common Fisheries Policy, Brexit represents a major opportunity to adopt an economically rational approach that benefits the fishing industry, taxpayers and consumers 606 $aFish trade$zUnited States 606 $aFishers$zUnited States 606 $afishery management$2eurovoc$9eng 606 $amaritime economy$2eurovoc$9eng 606 $acommon fisheries policy$2eurovoc$9eng 606 $aintervention policy$2eurovoc$9eng 606 $aproduction surplus$2eurovoc$9eng 606 $aUnited Kingdom$2eurovoc$9eng 606 $awithdrawal from the EU$2eurovoc$9eng 615 0$aFish trade 615 0$aFishers 615 7$afishery management 615 7$amaritime economy 615 7$acommon fisheries policy 615 7$aintervention policy 615 7$aproduction surplus 615 7$aUnited Kingdom 615 7$awithdrawal from the EU 676 $a338.371200973 686 $a56.36.20$2EP-CLASS 702 $aWellings$b Richard 702 $aAligica?$b Paul Dragos? 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910792862003321 996 $aSea change$92734658 997 $aUNINA