By World Bank
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Additional resources for A Study of international fisheries research
They make an important contribution to the world's food supply and are a source of income for more than 100 million people who depend, directly or indirectly, on fisheries for their livelihood. People in developing countriesparticularly the poorrely on fish for a large share of their animal protein requirements. World production of fish has risen to about 100 million tons. That amount is regarded as being at, or close to, the maximum biological limit. But projected population growth over the next 10 to 15 years implies an increase in global demand of about 20 million tons if per capita consumption remains steady.
Although there may be potential gains in a few other areas, the number of developing states that have acquired significant wealth through the extension of jurisdiction is small. For the states that have benefited, there are important opportunities for increasing their gains from the resources, either by extracting revenues or other benefits from foreign fishermen or by replacing foreign fleets. Examples of the first approach include Morocco, whose recent agreement with the European Economic Community (EEC) is producing revenues of about US$80 million a year, and the South Pacific island states, which, with the help of the South Pacific Forum Fisheries Agency, have negotiated an agreement with the United States.
Also having an important effect on stocks are economic aspectsprices and rents. Fish prices reflect the relationship between supply and demand and therefore indicate the scarcity of the resources. The prices themselves are an important determinant of development. Consumption and trade are determined by the relationships between prices for fish and prices for other food commodities and feedstuffs. Production (and overproduction) are determined by the relationships between the prices received by the producers and the costs of the inputs.
A Study of international fisheries research by World Bank
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