Managing fishery resources : proceedings of a symposium co-sponsored by the World Bank and Peruvian Ministries of Fisheries held in Lima, Peru, June 1992

The Symposium on Fishery Resources Management held in Lima, Peru, in June 1992 addressed several aspects of fishery management - theory and practice, the experience of different countries, and current world trends in fishery management. It also discussed strategies for managing transboundary stocks and aerial surveillance techniques for monitoring fishing operations. Leaders in the field of fishery management from Canada, Chile, Iceland, New Zealand, Norway, Peru, and the United States presented papers on lessons learned in applying different fishery management policies. Participants concurred that individual transferable quotas appear to be the best management strategy in the current situation of overinvestment and overfishing. The symposium was organized by the World Bank and the Peruvian Ministry of Fisheries as a first step toward Peru's implementation of a fishery management regime. But the recommendations presented at the symposium are valid for all countries with fishery management responsibilities. It is hoped that the recommendations will contribute toward the establishment of fishery management systems that guarantee both biological sustainability and economic efficiency in the world's fisheries. The paper is divided into chapters covering the fishery management experience of different countries, as well as conceptual chapters and a review of world trends.