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WTO Working Papers

WTO working papers usually represent research in progress. Such research may be conducted in the preparation of WTO Secretariat reports, studies or other material for WTO members. The papers are circulated for comment because the WTO considers critical review of professional research to be extremely important.

English

Trade and Fisheries

Key Issues for the World Trade Organization

In this report we first give a brief overview of trade in seafood and seafood production. We then review the basic bioeconomic theory of the fishery and pinpoint why fisheries are different from most other industries. We next review the theoretical literature on trade and renewable resources that shows how unconventional outcomes from trade liberalization can emerge. Given this background, we discuss the most important policy issues in relation to seafood and trade, including sections on managing the global commons and domestic trends in management. In the final section, we discuss specific issues that are germane to the WTO and its rules.

English

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