Individual Transferable Quotas and Property Rights

1998 ◽  
pp. 81-99 ◽  
Author(s):  
R. O’Connor ◽  
B. McNamara
SURG Journal ◽  
1969 ◽  
Vol 2 (1) ◽  
pp. 11-17
Author(s):  
Jacquelyn Rutherford

On July 2, 1992 Canada’s fisheries minister banned cod fishing off the northeast coast of Newfoundland and off the southern coast of Labrador. Overestimated cod stocks creating exaggerated Total Allowable Catches, coupled with increased fishing capacity, lead to the depletion of the Atlantic cod fisheries. This crisis occurred in the context of strong government policy and management. The Atlantic cod and groundfish fisheries have yet to recover from this travesty of mismanagement. The state of the world’s fisheries faces the same dismal fate as the Atlantic groundfish fishery, suffering from what has become known as the tragedy of the commons. Establishing private property rights using methods such as individual transferable quotas is occurring in several parts of the world to avoid the tragedy of depleted fish stocks. Well defined property rights, through the implementation of individual transferable quotas, ensure that fisheries internalize the cost and benefits of management decisions. Individual transferable fishing quotas have proven effective to increase conservation efforts and reduce overcapacity, which is often produced with increased legislation. Individual transferable quotas are not only a viable solution for reducing overfishing and preventing stock collapses, but the best solution available.


2020 ◽  
Author(s):  
Colin Harris ◽  
Meina Cai ◽  
Ilia Murtazashvili ◽  
Jennifer Murtazashvili
Keyword(s):  

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Inggrit Fernandes

Batik artwork is one of the treasures of the nation's cultural heritage. Batik artwork is currently experiencing rapid growth. The amount of interest and market demand for this art resulted batik artwork became one of the commodities in the country and abroad. Thus, if the batik artwork is not protected then the future can be assured of a new conflict arises in the realm of intellectual property law. Act No. 28 of 2014 on Copyright has accommodated artwork batik as one of the creations that are protected by law. So that this work of art than as a cultural heritage also have economic value for its creator. Then how the legal protection of the batik artwork yaang not registered? Does this also can be protected? While in the registration of intellectual property rights is a necessity so that it has the force of law to the work produced


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