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An appropriate management policy for the domestic tuna fishery in the Maldives

Sathiendrakumar, R. (1988) An appropriate management policy for the domestic tuna fishery in the Maldives. Asian Fisheries Science, 2 . pp. 163-175.

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The main prospect for economic development of the Maldives lies in the possibility of exploitation of the economic potential of its marine resources. Tuna fishing plays an important role in the development of the Maldives. In this article various policy instruments available to the Maldivian tuna fishery authorities are reviewed in order to select those best suited for the economically efficient exploitation of tuna within the range of operation of the domestic tuna boats. In the Maldivian context, price control is selected as the appropriate policy instrument, even though licensing of tuna boats is also a possibility in the short-run. Price control is based on levying a tax on catches and is oriented towards economic efficiency. The article explains the methodology used in determining the optimal tax which would maximize the economic benefit of the fishery to the Maldivian society.

Item Type: Journal Article
Murdoch Affiliation(s): School of Commerce
Publisher: Asian Fisheries Society
Copyright: Asian Fisheries Society
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