The Sunken Billions

'The Sunken Billions: The Economic Justification for Fisheries Reform' shows the difference between the potential and actual net economic benefits from marine fisheries is about $50 billion per year, or some $2 trillion over the last three decades. If fish stocks were rebuilt, the current marine catch could be achieved with approximately half the current global fishing effort. This illustrates the massive overcapacity of the global fleet. The excess competition for the limited fish resources results in declining productivity, economic inefficiency, and depressed fisher incomes. The focus on the deteriorating biological health of world fisheries has tended to obscure their equally critical economic health. Achieving sustainable fisheries presents challenges not only of biology and ecology, but also of managing political and economic processes and replacing pernicious incentives with those that foster improved governance and responsible stewardship. Improved governance of marine fisheries could regain a substantial part of this annual economic loss and contribute to economic growth. Fisheries governance reform is a long-term process requiring political will and consensus vision, built through broad stakeholder dialogue. Reforms will require investment in good governance, including strengthening marine tenure systems and reducing illegal fishing and harmful subsidies. Realizing the potential economic benefits of fisheries means reducing fishing effort and capacity. To offset the associated social adjustment costs, successful reforms should provide for social safety nets and alternative economic opportunities for affected communities.

This report updates previous studies that measured in economic terms the extent of biological losses attributable to overfishing globally. The new estimates assess these 'sunken billions' at $83 billion annually. The report further shows that a clear path can lead to the recovery of these considerable losses, including through significant reduction in global fishing overcapacity. A breakdown between regions is also included, showing that the effort needed to achieve this reform will not be felt equally throughout the world. While the cost of such reform will likely be high, the expected benefits include an increase in biomass by a factor of 2.7, increase in annual harvests by 13 percent, and a 30-fold increase in annual net benefits accrued to the fisheries sector (from $3 billion to $86 billion annually). This urgent call for action is reinforced by the impacts of climate change on fish stocks and fisheries worldwide.

This book offers an analysis of naval constabulary operations, in particular Australian fisheries patrols, and challenges the widely accepted Anglo-American school of maritime thought. In the Indo-Pacific, fisheries and the activities of fishing boats are of increasing strategic importance in Australia’s region – Australia’s Four Oceans. Issues of overfishing, population growth and climate change are placing growing pressure on fish as a resource, and in doing so are making fisheries more significant, and significant on a strategic as opposed to simply an economic or environmental level. When, combined with the growing use of fishing vessels as para-naval forces, it is clear that the activities of fishing vessels, whether fishing or not fishing, are matters of considerable strategic relevance. This book illuminates contemporary seapower challenges, explains and defines maritime security and examines and refines existing theory to advance a set of new or refined concepts to help frame the on-water activities of constabulary operations -- reducing the possibility of on-water miscalculation between states. This book will be of much interest to students and scholars of naval studies and sea power, maritime strategy, maritime security and International Relations.

The Tsar's Treasure captures the story of the lost luxury White Star Liner known as the Millionaires' Ship and Capt. Martin's Bayerle 30-year quest to find her fabled treasure. When the RMS Republic sank in 1909, she was the largest ship to sink in history (only to be surpassed by her sibling ship, RMS Titanic, a mere three years later). When Republic sank, she took with her not only all her cargo and passenger effects, but also some politically-sensitive secrets. Rumors of a vast treasure, of "riches beyond most men's wildest dreams," were published the day after her sinking and have persisted for more than 100 years. The Tsar's Treasure documents Capt. Bayerle's personal journey to uncover her secrets along with extensive research in an effort to substantiate or deny the rumors. The result is a deep-sea adventure riddled with subtle clues and impressive historical photos and documents. The reader is invited to examine the evidence and arrive at his or her own conclusions surrounding the century-old mystery of what may become the greatest treasure recovery of all-time.

This booklet examines the efforts of Bangladesh, Malawi, and Pakistan to increase the number of girls in school. These three countries have severe problems of access to education, ranking in the bottom third of developing countries on UNESCO's Basic Education Index. The document addresses several issues, including how governments grapple with the deep-seated cultural, institutional, and political factors that underlie the gender disparity in access to school, how parents and communities feel about these attempts, and what impact the reform efforts have on the people involved in managing and running the school system. It also follows the lives of some of the girls who have benefited from the reforms.

The Fisheries Manager's Handbook is a compilation of OECD work designed to aid policy makers develop and implement good policies and management tools in fisheries.

The FAO Yearbook of fishery and aquaculture statistics is a compilation of statistical data on capture fisheries and aquaculture production, employment, commodities production and trade, apparent fish consumption and fishing fleets. It is structured into a booklet (containing summary tables, notes on major trends, concepts, classifications and a map of FAO major fishing areas) and a USB card presenting the full yearbook package with all the key information and the complete set of statistical tables. L’Annuaire des statistiques des pêches et de l’aquaculture de la FAO est une compilation de données statistiques sur les captures, la production de l’aquaculture, l’emploi, la production et le commerce des produits halieutiques, les bilans alimentaires et les flottes. L’Annuaire est composé d’un fascicule (contenant des tableaux résumés, des notes sur les tendances principales, une description des concepts et des classements, ainsi qu’une carte des principales zones de pêche de la FAO) et d’une clé USB incluant la totalité des renseignements et la collection complète des tableaux statistiques de l’Annuaire. El Anuario de estadísticas de pesca y acuicultura de la FAO es una compilación de datos estadísticos sobre las capturas, la producción de acuicultura, el empleo, la producción y el comercio de los productos pesqueros, las hojas de balance de alimentos y las flotas. El Anuario se compone de un cuadernillo (con cuadros resúmenes, notas sobre las tendencias principales, conceptos básicos y clasificaciones, así como un mapa de las principales zonas de pesca de la FAO) y de una tarjeta USB que incluye toda la información y el conjunto completo de los cuadros estadísticos del Anuario.