ITQs and Community: An Essay on Environmental Governance

Two important new directions in resource and environmental management are increased reliance on market mechanisms on the one hand, and on greater participation by local communities on the other. In fisheries, market-based management is found mainly in the "cap-and-trade" systems known as individual transferable quotas (ITQs). ITQs are effective in achieving certain economic goals but often with undesirable social costs, leading to the view that they are antithetical to community-based management. However, ITQ systems have been adapted to mitigate community losses. In addition, social resistance to ITQs has encouraged the development of innovative programs in community-based fisheries management.


Issue Date:
2004-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31265
Published in:
Agricultural and Resource Economics Review, Volume 33, Number 2
Page range:
162-170
Total Pages:
9




 Record created 2017-04-01, last modified 2017-08-24

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