fishing

Reports on fishing See all

South Korean Coast Guard chases Chinese fishermen violating territorial waters

The economics and geopolitics of global fisheries

About 90 percent of global ocean fishing stocks are fully exploited or overfished. Competition to exploit this declining resource has led to geopolitical conflicts and social ills such as piracy and pollution, while regulation and subsidies only exacerbate the problem. Economics offers some institutional solutions that give the fishing industry incentives to manage stocks for the long term.

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