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Why aren't market mechanisms more widely used to manage fisheries in OECD countries? Despite the demonstrated benefits from instruments such as transferable access rights and individual transferable quotas, there remains some resistance to their further use in many OECD countries. Such resistance stems largely from a lack of information about the potential benefits and costs of introducing market mechanisms.
One of the key benefits to policy makers from this study is the identification of practical steps that can be taken to address the range of challenging obstacles to the further use of market-like instruments.
The main focus of the publication follows in the Executive Summary.
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