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annotated bibliography of fisheries economics literature - Office of ...

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elative to optimum fishing and processing and produce at excess cost in both<br />

sectors. The intermediate case <strong>of</strong> a cooperative that charges an entry fee may<br />

either over conserve or under conserve the stock. The results are illustrated<br />

by means <strong>of</strong> a simulation employing parameters from the Pacific halibut<br />

fishery.<br />

Stone, Christopher D. (1997). The Maladies in Global Fisheries: Are Trade<br />

Laws Part <strong>of</strong> the Treatment? Working Paper No. 97-12, University <strong>of</strong><br />

Southern California Law School, Los Angeles, CA.<br />

The world capture <strong>fisheries</strong> are being over exploited. Across vast<br />

areas, a reduction in pressure, by providing stocks an opportunity to rebuild,<br />

would increase productivity and maximize revenues in the long run. Fisheries<br />

managers are utilizing an array <strong>of</strong> techniques, including restraints on time,<br />

place, gear, and catch, to dampen the level <strong>of</strong> harvest. But their efforts are<br />

resisted and undermined, even rendered counter productive, by excess sector<br />

specific capital and labor. There is no single remedy. But subsidies are a<br />

crucial culprit. Fishing subsidies, estimated at tens <strong>of</strong> billions <strong>of</strong> dollars<br />

annually world wide, lure and shelter the excessive catch capacity. As a<br />

consequence, fishery subsidies (and overcapacity ) are being called into<br />

question in a variety <strong>of</strong> fora. This paper proposes that trade disciplines<br />

should be more aggressively deployed in this campaign. Fish products<br />

constitute one <strong>of</strong> the major components in world trade. Many government<br />

programs designed to support <strong>fisheries</strong> appear to be in clear violation <strong>of</strong> the<br />

GATT. Hence, anti-subsidy disciplines and other trade related measures are<br />

response mechanisms already in place. There are, <strong>of</strong> course, major barriers to<br />

any assault on practices as widespread and entrenched as fishing subsidies.<br />

But inroads have been made, or are in the <strong>of</strong>fing, even in the farm sector. In<br />

fishing, prospects for reform under the trade law are brightened by potential<br />

support <strong>of</strong> resource and environmental constituencies.<br />

Stone, Christopher D. (1998). Can the Oceans be Harbored? A Four Step Plan<br />

for the 21 st Century. Draft report prepared for presentation at the<br />

Conference, Towards the International Protection <strong>of</strong> the Oceans: From<br />

Rules to Compliance, Lisbon, 17 th - 19 th September, University <strong>of</strong><br />

Southern California Law School, Los Angeles, CA.<br />

A four step program to improve the exploitation <strong>of</strong> the oceans includes<br />

first, the removal <strong>of</strong> subsidies that underwrite and thereby accelerate<br />

ransacking <strong>of</strong> the ocean environment and its resources. Second, the imposition<br />

<strong>of</strong> charges for rivalrous uses <strong>of</strong> the oceans. Third, establishment <strong>of</strong> an<br />

oceans trust fund, financed through the use-charges, designed to maintain and<br />

repair the ocean s health. Fourth, the establishment <strong>of</strong> an Oceans Guardian to<br />

give voice to the ocean in legislative and judicial fora.<br />

Stone, Christopher D. (1998). Fisheries Subsidies, Trade Law, and the WTO<br />

Subsidies Agreement. Presented at the Workshop on the Impact <strong>of</strong><br />

Government Financial Transactions on Fisheries Management, Resources,<br />

and International Trade Sponsored by Pacific Economic Cooperation<br />

Council, <strong>fisheries</strong> Development and Cooperation Task Force, Manila,<br />

Philippines, 17 th - 19 th August, University <strong>of</strong> Southern California Law<br />

School, Los Angeles, CA.<br />

A criticism <strong>of</strong> subsidies in fishing.<br />

Stone, Richard B. (1985). "National Artificial Reef Plan." NOAA<br />

Technical Memorandum, NMFS OF-6, National Oceanic and Atmospheric<br />

Administration, National Marine Fisheries Service, Washington,<br />

D.C., November, 39 pp.<br />

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