Trade intervention: Not a silver bullet to address environmental externalities in global aquaculture
Abstract
© 2015 Elsevier LtdAquaculture has been the world's fastest growing food production
technology in recent decades, and continued growth in aquaculture production is predicted.
While creating economic opportunity, aquaculture is also a new way of using eco-systems,
and there is substantial evidence that aquaculture creates negative environmental
externalities. Although the most effective way to address these externalities may
be improved governance, this approach is often difficult because most aquaculture
production takes place in developing countries with limited management capacity. The
fact that a large part of aquaculture production is traded motivates substantial interest
in the use of trade measures to reduce environmental impacts. However, the wide variety
of species, production practices, and governance systems present in aquaculture makes
it unlikely that general trade measures will achieve environmental objectives. Rather,
there is a real risk that trade measures will reduce economic opportunity, raise new
equity concerns, and impinge on public health with little or no environmental impact.
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https://hdl.handle.net/10161/13508Published Version (Please cite this version)
10.1016/j.marpol.2015.06.021Publication Info
Asche, F; Roheim, CA; & Smith, MD (2016). Trade intervention: Not a silver bullet to address environmental externalities in
global aquaculture. Marine Policy, 69. pp. 194-201. 10.1016/j.marpol.2015.06.021. Retrieved from https://hdl.handle.net/10161/13508.This is constructed from limited available data and may be imprecise. To cite this
article, please review & use the official citation provided by the journal.
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Show full item recordScholars@Duke
Martin D. Smith
George M. Woodwell Distinguished Professor of Environmental Economics
Smith studies the economics of the oceans, including fisheries, marine ecosystems,
seafood markets, and coastal climate adaptation. He has written on a range of policy-relevant
topics, including economics of marine reserves, seasonal closures in fisheries, ecosystem-based
management, catch shares, nutrient pollution, aquaculture, genetically modified foods,
the global seafood trade, organic agriculture, coastal property markets, and coastal
responses to climate change. He is best known for id

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