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Economic policy, institutions and fisheries development in the Pacific

CollectionsANU Resources, Environment & Development Group (RE&D)
Title: Economic policy, institutions and fisheries development in the Pacific
Author(s): Petersen, Elizabeth
Keywords: economic policy
South Pacific
fisheries development
policy reform
Tinburgen Principle
tuna industry
Publisher: Canberra, ACT: Resource Management in Asia-Pacific Program (RMAP), Division of Pacific and Asian History, Research School for Pacific and Asian Studies, The Australian National University
Series/Report no.: Resource Management in Asia-Pacific Program (RMAP) Working Paper: No. 31
The South Pacific is home to the world’s largest and most valuable tuna fishery. Despite this, the Pacific island countries have found it tremendously difficult to capture significant economic rents from the resource. It is argued in this paper that poor economic policy partly explains this. However, poor policies are preventing the implementation of strong, cost-effective institutions for the governance of the fishery which, coupled with strong institutions for broad social and economic governance, are required for development of the industry. Opportunities for policy reform that is likely to lead to significant gains from the fishery are highlighted.
ISSN: 0308-597X


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