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ITQs Common Fisheries Policy Reform and Stakeholders Perceptions

Author

Listed:
  • Manuel P. COELHO

    (CIRIUS,SOCIUS ISEG, Universidade de Lisboa. Portugal)

  • José B. FILIPE

    (UNIDE, ISCTE/IUL. Portugal)

  • Manuel A. FEREIRA

    (UNIDE, ISCTE/IUL. Portugal)

Abstract

In the early 2010s the Pew Environment Group released a study that finds that E.U. fisheries have failed to reduce fleet capacity thus exerting fishing pressure on stocks at around two time sustainable levels. Overcapacity and overcapitalisation was identified as the principal failure of the Common Fisheries Policy (CFP). This conclusion may be important in the discussion about the on-going CFP reform and about the tools to get sustainable management. Rights Based Management schemes have already been experimented in specific fisheries and localizations. The practical indications and lessons given by these experiences are fundamental to explore the feasibility of such tools as instruments of the conservation and management policy. The purpose of this paper is to continue the debate. A special attention is given to the possibility of introducing a more focused approach on Rights Based Management,in the form of ITQs (Individual TransferableQuotas) in the CFP management regime.

Suggested Citation

  • Manuel P. COELHO & José B. FILIPE & Manuel A. FEREIRA, 2015. "ITQs Common Fisheries Policy Reform and Stakeholders Perceptions," 2015 EAFE (European Association of Fisheries Economists) Conference Papers 001, Nisea.
    • Handle: RePEc:irf:wpaper:001
    as

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    References listed on IDEAS

    as
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    3. Parzival Copes, 1986. "A Critical Review of the Individual Quota as a Device in Fisheries Management," Land Economics, University of Wisconsin Press, vol. 62(3), pages 278-291.
    4. Manuel Pacheco Coelho, 2010. "Rights Based Management and the Reform of the Common Fisheries Policy: An Evaluation of the Portuguese Experience," Working Papers Department of Economics 2010/18, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    5. Christian Lequesne, 2000. "Quota Hopping: The Common Fisheries Policy Between States and Markets," Journal of Common Market Studies, Wiley Blackwell, vol. 38(5), pages 779-793, December.
    6. Morin, Michel, 2000. "The fisheries resources in the European Union.: The distribution of TACs: principle of relative stability and quota-hopping," Marine Policy, Elsevier, vol. 24(3), pages 265-273, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Fisheries; Individual Transferable Quotas; Common Fisheries Policy; Reform; Stakeholders Perceptions;
    All these keywords.

    JEL classification:

    • Q22 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Fishery
    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law

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