Why Fish Piracy Persists the Economics of Illegal Unreported And Unregulated Fishing
Publisher:Organization for Economic
Despite national and international efforts, fish piracy continues to thrive worldwide. Illegal, unreported and unregulated (IUU) fishing is a problem that affects both national and international waters, and involves all types of fishing vessels. IUU fishing depletes global fish stocks and undermines efforts to secure and rebuild those stocks for the future. It generates harmful effects on the economic and social welfare of those involved in legal fishing, and reduces incentives to play by the rules. However, fish pirates pursue their trade because it is profitable, and will keep pursuing it as long as their income exceeds their costs.Why Fish Piracy Persists: The Economics of Illegal, Unreported and Unregulated Fishing is unique in focusing on the economic, environmental and social aspects of fish piracy and identifying the forces that drive this activity. Earlier studies focused on the direct impact that IUU fishing has on fish stocks, and on legal measures to combat such activities. Based on data from a workshop of around 120 experts, as well as analytical documents developed for this study, this book presents the most systematic and consolidated information to date in order to assess measures already in place and to propose new solutions.