In demystifying the concept of market-like instruments, this study explains how to make better use of market-like instruments in fisheries management by identifying practical steps that can be taken to further their use. The findings of the study are based on a survey of the use of market-like instruments in OECD fisheries in which the key characteristics of these instruments in different countries are identified. It finds that market-like instruments have generally improved the economic efficiency of the sector, and have helped to ensure the sustainability of fish stocks.
Table of contents:
Executive Summary Part I. Market Mechanisms and Fisheries -Chapter 1. Analysing the Use of Market Mechanisms in Fisheries -Chapter 2. Characteristics and Effects of Market Mechanisms -Chapter 3. Ten Tracks Towards Implementing Market Mechanisms - Bibliography Part II. Survey of the Use of Market Mechanisms in OECD Countries Part III. Country Cases -Chapter 4. Iceland -Chapter 5. Japan -Chapter 6. Korea -Chapter 7. Norway -Chapter 8. Spain -Chapter 9. United Kingdom