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Overfishing: The Icelandic Solution

By Hannes H. Gissurarson
October 2000
The Institute for Economic Affairs
ISBN: 0-255-36489-X
68 Pages, Illustrated
$22.50 Paper Original

This book describes the Icelandic government's system of individual transferable share quotas (ITQs), which essentially give boat owners the right to catch a specific proportion of the total allowable catch (TAC) of certain species. Contents include: The Introduction of Vessel Catch Quotas; Legal Decisions on ITQs; Harvesting Outside Iceland's EEZ; The Pelagic and Small Fisheries; The Impact on Regional Development; Is the ITQ System Unjust?; and others.

Environmental Science; Economics
Series: IEA Studies on the Environment, No. 17