July 27th, 2012
Fishing for a Way Out Iceland’s Struggle to Dismantle Its Privatized Fishery System
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Summary:
The United States and the European Union are moving toward privatizing their fisheries management systems through catch shares, while Iceland, with one of the world’s oldest and most comprehensive catch share programs, is struggling to find a way to dismantle its program. Why? The answer is that catch shares have failed Iceland’s fisheries and the nation as a whole.