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Economic Considerations for Marine EBM in the Caribbean by Schuhmann P.W.; J.C. Seijo; J. Casey is a scholarly article available to read on EtoBox.

What is Economic Considerations for Marine EBM in the Caribbean about?

The economic consequence of the mismanagement of world fishery resources is estimated to be in the order of US$ 50 billion per year in terms of the difference between potential and actual net economic benefits from marine fisheries. Moving from the current situation of inefficient over-use toward efficient and sustainable fisheries outcomes will involve not only attention to biology and ecology but also the managing of political and economic processes and replacing incentives that damage ecosystems with those that foster improved governance and responsible use. Economic analysis can contribute to the successful implementation of ecosystem-based management and the ecosystem approach to fisheries in the Caribbean Region in many areas. In this chapter, economic models and methodologies are outlined, and suggestions for incorporating economics into the large marine ecosystem policy cycle are provided.

Author

Schuhmann P.W.; J.C. Seijo; J. Casey

Publisher

Amsterdam University Press

Published

2012

Language

EN