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Applicability of Individual Transferable Quotas (ITQs) in Japanese fisheries: A comparison of rights-based fisheries management in Iceland, Japan, and United States
Authors:Nobuyuki YagiMichael L Clark  Lee G AndersonRagnar Arnason  Rebecca Metzner
Institution:a Laboratory of Global Fisheries Science, Graduate School of Agricultural and Life Sciences, The University of Tokyo, Tokyo 113-8657, Japan
b Maureen and Mike Mansfield Foundation, 1401 New York Avenue NW, Suite 740, Washington, D.C. 20005-2102, USA
c School of Marine Science and Policy, College of Earth, Ocean, and Environment, University of Delaware, Newark, DE 19716, USA
d Department of Economics, University of Iceland, Sudurgata, 101 Reykjavik, Iceland
e Food and Agriculture Organization (FAO), FIPP - F423, Viale delle Terme di Caracalla, Rome 00100, Italy
Abstract:ITQs have not yet been introduced by the Government of Japan. In coastal areas, fishery cooperative associations have traditionally played an important role in managing fisheries through self-imposed rules and peer-monitoring systems. Recently, however, the economic competitiveness of Japanese fisheries in the international market is being questioned. In this paper, a detailed examination of the pros and cons of the current system in Japan is compared to the current fishery management measures of Iceland and the United States, where attaining economically or biologically efficient outcomes may be prioritized in making fisheries management decisions. For many coastal fisheries in Japan, maintaining a management scheme in which stakeholders play an active role in determining fisheries measures seems more relevant if their priority is to maintain the stability of coastal communities and equity of stakeholders. Intensive dialog among stakeholders would be necessary to identify shared objectives of their fishery operations and to make decisions to establish specific steps toward the goal of increasing economic efficiency, environmental sustainability, or stability of communities and equity of stakeholders.
Keywords:Rights-based fishery management  Co-management  Fishery cooperative association  Territorial use rights in fisheries  Individual Transferable Quotas
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