Tuna-Led Sustainable Developlment in the Pacific
Hannah Parris and
R. Quentin Grafton ()
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Hannah Parris: Australian National University, Asia Pacific School of Economics and Government
Economics and Environment Network Working Papers from Australian National University, Economics and Environment Network
The paper reviews the importance of tuna fisheries in the western and central Pacific Island Countries (PICs) and examines whether current and proposed economically focussed institutional mechanisms, that underpin tuna management, are sufficient to promote appropriate and long term tuna-led development. Substantial potential gains are shown to exist from co-operation in terms of tuna management, but it seems highly unlikely such benefits will be realised in the short or medium term despite the formation in 2004 of the Western and Central Pacific Fisheries Commission. Even if gains from co-operation were to be realised, without substantial improvements in the nstitutional quality and capacity of many PICs the tuna fisheries might still fail to sustain the region’s long-term development. The study’s implications are that the twin development priorities in the region should be support for social infrastructure, especially capacity building to increase the effectiveness of the public sector, and the promotion of co-operative approaches to ensure the sustainability and profitable use of the region’s shared fishery resources.
JEL-codes: Q00 (search for similar items in EconPapers)
Pages: 40 pages
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Persistent link: https://EconPapers.repec.org/RePEc:anu:eenwps:0507
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