Individual Transferrable Quotas: New Zealand’s Experience. New Zealand Fisheries Waters. Large EEZ (4.4 million km 2 ) 70% below 1,000 m Medium productivity Commercial Fisheries Non-commercial Fisheries. Reform Context (early 1980s). Classic fisheries issues Inshore stocks overfished
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Individual Transferrable Quotas: New Zealand’s Experience
What general conclusions can be drawn from the NZ experience?
… the design of your rights based management regime would be different