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New Zealand׳s quota management system – incoherent and conflicted

Barry Torkington

Marine Policy, 2016, vol. 63, issue C, 180-183

Abstract: This opinion piece offers a critique of New Zealand׳s approach to regulating commercial use of marine resources through the Quota Management System (QMS). The author writes from the perspective of long involvement in the commercial fishing industry as well as the aquaculture sector and fisheries management. Although New Zealand׳s fisheries management system is viewed by many as a successful model for other fishing nations to follow, the analysis here shows that it has embedded a perverse, rent-based management system that has created incentives for dominant actors to maximize low value-added extractive activity, often in very wasteful ways.

Keywords: Quota management system; Rent-based management systems; New Zealand fishing industry (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1016/j.marpol.2015.03.017

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Handle: RePEc:eee:marpol:v:63:y:2016:i:c:p:180-183