Sunken Billions: The Economic Justification for Fisheries Reform
Documents - Report: Research report
30 Sep 2008
This study concludes that marine capture fisheries are an underperforming global asset. The study shows that the difference between the potential and actual net economic benefits from marine fisheries is in the order of $50 billion per year. Improved governance of marine fisheries could capture a substantial part of this $50 billion annual economic loss. Reform of the fisheries sector could generate considerable additional economic growth and alternative livelihoods, both in the marine economy and other sectors. The comprehensive reforms required imply political, social, and economic costs.
Author: World Bank / FAO
Organizer: The International Bank for Reconstruction and Development / The World Bank
Location: Washington, D.C.
Related Topics: Fisheries Governance
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