EJSD
Electronic Journal of Sustainable Development
Volume 1, Issue 2
Spring 2008
The second issue of the EJSD looks at "Sustaining the Seas."
The oceans are said to contain the greater part of the world's biodiversity. Meanwhile, the products of the ocean have great economic importance. How can these resources be managed sustainably?
Volume 1, Issue 2: Sustaining the Seas
May 2008
Featured Story
ICELAND’S ITQ SYSTEM CREATES NEW WEALTH
By Ragnar ArnasonOcean fisheries offer of the most dramatic examples of economic waste caused by lack of private property rights in natural resources. The resulting loss of economic benefits in the global ocean fishery has been estimated to be around US$50 bn annually which is over half of its landed value.
In the 1980s Iceland introduced quasi-property rights in her fisheries in the form of individual transferable harvesting quotas (ITQs). These ITQs, which are freely traded in the market, have become highly valuable. The ITQ values represent considerable new wealth in Iceland. There are indications that this new source of financial capital has induced economic growth in Iceland far beyond the fishery itself.
TABLE OF CONTENTS
Volume 1, Issue 2: Sustaining the Seas
Download the pdf (861.7K) of the entire issue.
EDITORIALS
WHEN IT COMES TO THE SUSTAINABILITY OF MARINE RESOURCES, INSTITUTIONS MATTER
By Julian Morris
PEER-REVIEWED ARTICLES
ICELAND’S ITQ SYSTEM CREATES NEW WEALTH
By Ragnar Arnason
HTML || pdf (163.4K) || abstract
MEASURING THE BIOLOGICAL SUSTAINABILITY OF MARINE FISHERIES: PROPERTY RIGHTS, POLITICS, AND SCIENCE
By Michael De Alessi
HTML || pdf (186.2K) || abstract
SUSTAINABILITY OF FISHERIES
By Rögnvaldur Hannesson
HTML || pdf (208.9K) || abstract
THE HISTORICAL DEVELOPMENT OF FISHERIES IN NEW ZEALAND WITH RESPECT TO SUSTAINABLE DEVELOPMENT PRINCIPLES
By Mark T. Gibbs
HTML || pdf (214.3K) || abstract
BOOK REVIEWS
REVIEW OF BLESSED UNREST
By James M. Sheehan
REVIEW OF CLIMATE CHANGE, JUSTICE AND FUTURE GENERATIONS
By Wilfred Beckerman
REVIEW OF DEMOCRATIZING TECHNOLOGY
By Bill Durodié
REVIEW OF SCIENCE AND CERTAINTY
By Terence Kealey
REVIEW OF THE BOTTOM BILLION
By Karol Boudreaux
REVIEW OF THE GLOBAL ENVIRONMENT AND WORLD POLITICS
By Jeremy Rabkin
REVIEW OF THE WORLD WITHOUT US
By Philip Stott
LETTERS & NOTES
ON THE LIMITS TO KNOWLEDGE OF FUTURE MARINE BIODIVERSITY
By Jesse H. Ausubel
Volume I, Issue 3 - CALL FOR PAPERS
“The Population Bomb Forty Years On”
A critical evaluation of theories and evidence relating to the impact of a burgeoning human population.
The submission deadline for this issue is August 1, 2008.
Contact info=a=ejsd.org for more information
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