Data

Rethinking fisheries policy in the Pacific: WORKING PAPER

Australian Ocean Data Network
Pretes, Michael ; Petersen, Elizabeth
Viewed: [[ro.stat.viewed]] Cited: [[ro.stat.cited]] Accessed: [[ro.stat.accessed]]
ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rfr_id=info%3Asid%2FANDS&rft_id=https://catalogue.aodn.org.au:443/geonetwork/srv/api/records/3c207682-dc08-4af7-a8f5-391739acdc7d&rft.title=Rethinking fisheries policy in the Pacific: WORKING PAPER&rft.identifier=https://catalogue.aodn.org.au:443/geonetwork/srv/api/records/3c207682-dc08-4af7-a8f5-391739acdc7d&rft.publisher=Crawford School of Public Policy (CSPP), The Australian National University (ANU)&rft.description=This record describes, and links to a working paper produced through the Resource Management in Asia-Pacific (RMAP) Program based at The Australian National University in Canberra. ***** One of the most hotly debated issues of fisheries policy in the Pacific is whether or not public funds should be used to finance commercial tuna fishing ventures. Many commentators from within the region argue for public investment in the industry to stimulate domestication. In this paper we propose an alternative policy in which tuna fishing revenues are invested offshore through a trust fund, rather than re-invested in domestic commercial fishing activity. Trust fund earnings could then be used to stimulate and support private sector initiatives and alternative economic activities. We use the example of Kiribati, one of the poorer Pacific island countries, to illustrate how offshore investment through a trust fund has succeeded in generating substantial revenues, when most Kiribati government corporations, including a state-owned fishing enterprise, have performed poorly.&rft.creator=Pretes, Michael &rft.creator=Petersen, Elizabeth &rft.date=2002&rft.coverage=westlimit=125.00; southlimit=-80.00; eastlimit=-85.00; northlimit=60.00&rft.coverage=westlimit=125.00; southlimit=-80.00; eastlimit=-85.00; northlimit=60.00&rft_subject=economy&rft_subject=environment&rft_subject=society&rft_subject=ECONOMIC RESOURCES&rft_subject=EARTH SCIENCE&rft_subject=HUMAN DIMENSIONS&rft_subject=Fisheries policy&rft_subject=Pacific&rft_subject=Finance&rft_subject=Tuna fishing&rft_subject=Public investment&rft_subject=Offshore investment&rft_subject=Revenues&rft_subject=Trust fund&rft_subject=Private sector initiatives&rft_subject=Kiribati&rft_subject=Employment&rft.type=dataset&rft.language=English Access the data
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Brief description

This record describes, and links to a working paper produced through the Resource Management in Asia-Pacific (RMAP) Program based at The Australian National University in Canberra. ***** One of the most hotly debated issues of fisheries policy in the Pacific is whether or not public funds should be used to finance commercial tuna fishing ventures. Many commentators from within the region argue for public investment in the industry to stimulate domestication. In this paper we propose an alternative policy in which tuna fishing revenues are invested offshore through a trust fund, rather than re-invested in domestic commercial fishing activity. Trust fund earnings could then be used to stimulate and support private sector initiatives and alternative economic activities. We use the example of Kiribati, one of the poorer Pacific island countries, to illustrate how offshore investment through a trust fund has succeeded in generating substantial revenues, when most Kiribati government corporations, including a state-owned fishing enterprise, have performed poorly.

Created: 2002

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-85,60 -85,-80 125,-80 125,60 -85,60

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text: westlimit=125.00; southlimit=-80.00; eastlimit=-85.00; northlimit=60.00

Subjects
EARTH SCIENCE | Economic Resources | Employment | Finance | Fisheries policy | HUMAN DIMENSIONS | Kiribati | Offshore investment | Pacific | Private sector initiatives | Public investment | Revenues | Trust fund | Tuna fishing | economy | environment | society |

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handle : http://hdl.handle.net/1885/40987

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  • global : 3c207682-dc08-4af7-a8f5-391739acdc7d
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