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Global value, full value and societal costs: capturing the true cost of destroying marine ecosystems

Pierre Failler

Centre for the Economics and Management of Aquatic Resources (CEMARE), Economics Dept, University of Portsmouth, Burnaby Terrace, 1-8 Burnaby Road, Portsmouth, PO1 3AE, UK; pierre.failler{at}port.ac.uk

Haoran Pan

Centre for the Economics and Management of Aquatic Resources (CEMARE), Economics Dept, University of Portsmouth, Burnaby Terrace, 1-8 Burnaby Road, Portsmouth, PO1 3AE, UK; haoran.pan{at}port.ac.uk

English

World fisheries are characterized by ecological, economic and social costs which are not taken into account by current market mechanisms. However, the sustainability of ecosystems and fishing activities depends on their being taken into account in order to arrive at the most appropriate management decisions. The European research programme ECOST (Ecosystem, Society, Consilience and Precautionary Principle: Development of an Assessment Method of the Societal Cost for Best Fishing Practices and Efficient Public Policies) develops an integrative approach to the various costs generated by fishing activities. In doing so it seeks to develop a decision-making tool which can contribute to the success of the Plan of Implementation proposed at the Johannesburg summit.

French

Les pêcheries mondiales sont caractérisées par des coûts écologiques, économiques et sociaux qui ne sont pas pris en compte par les mécanismes de marchés actuels. Or la pérennité des écosystèmes et des activités de pêche dépend de leur prise en compte afin de prendre les décisions d'aménagement les plus appropriées. Le programme de recherche européen en coopération ECOST (Ecosystèmes, société, consilience et principe de précaution: développement d'une méthode d'évaluation des coûts sociétaux pour parvenir à des pratiques de pêche et des politiques publiques durables) développe une approche intégrative des différents coûts engendrés par les activités de pêche ainsi que les politiques publiques. Il tend de la sorte à développer un outil d'aide à la décision pouvant contribuer à la réussite du plan d'implémentation du sommet de Johannesbourg.

Key Words: Consilience • ECOST • Ecosystem • Fishery • Ocean • Societal costs

Social Science Information, Vol. 46, No. 1, 109-134 (2007)
DOI: 10.1177/0539018407073660
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