2018
DOI: 10.1007/s40152-018-0089-5
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Prosper or perish? The development of Icelandic fishing villages after the privatisation of fishing rights

Abstract: Icelandic fish stocks underwent privatisation in 1990, when existing fishing quotas were made fully transferable. The country's system of individual transferable quotas has since been held up as a paragon of virtue for sustainable fisheries. This might be valid for ecological and most economic concerns, but for a truly sustainable fisheries management system the question of social impacts has to be addressed as well. This paper evaluates the performance of Icelandic fisheries management from a spatial and soci… Show more

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Cited by 30 publications
(18 citation statements)
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References 82 publications
(85 reference statements)
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“…The switch to the ITQs in Iceland in its current form occurred in 1990. This quasi‐privatized system (Kokorsch & Benediktsson, 2018) of transferability changed the common pool resource to a system of tradable assets (Benediktsson, 2014). There has been a huge political influence in the management of ITQs (Kokorsch, Karlsdottir, & Benediktsson, 2015), and the system, in general, has resulted in large economic and political rifts over the years (Eythórsson, 2003) and (Eythórsson, 1996).…”
Section: Resultsmentioning
confidence: 99%
“…The switch to the ITQs in Iceland in its current form occurred in 1990. This quasi‐privatized system (Kokorsch & Benediktsson, 2018) of transferability changed the common pool resource to a system of tradable assets (Benediktsson, 2014). There has been a huge political influence in the management of ITQs (Kokorsch, Karlsdottir, & Benediktsson, 2015), and the system, in general, has resulted in large economic and political rifts over the years (Eythórsson, 2003) and (Eythórsson, 1996).…”
Section: Resultsmentioning
confidence: 99%
“…However, regional heterogeneity in habitat suitability changes may be of interest to managers and the fishing industry. For example, the overall increase in habitat suitability for cod, a flagship commercial species for Iceland, is largely along the northern coast, where fishing capacity and infrastructure has declined following industry consolidation (Kokorsch & Benediktsson, 2018). Meanwhile, the capital region and western coast where cod catches have historically been highest may see decreases under the high-CO 2 emission scenario.…”
Section: Discussionmentioning
confidence: 99%
“…The copyright holder for this preprint this version posted March 5, 2021. ; https://doi.org/10.1101/2021.03.04.433927 doi: bioRxiv preprint the northern coast, where fishing capacity and infrastructure has declined following industry consolidation (Kokorsch & Benediktsson, 2018). Meanwhile, the capital region and western coast where cod catches have historically been highest may see decreases under the high-CO2 emission scenario.…”
Section: Discussionmentioning
confidence: 99%
“…Privatization creates changes in access to resources, goods, and services, and therefore has "distributive effects" (McCormack 2017: criterion eight. Who the winners and losers of privatization are is an important question for judging privatization from social, economic, and ecological sustainability perspectives (Carothers 2010, Himes-Cornell and Hoelting 2015, Kokorsch and Benediktsson 2018. The societal context also plays a role.…”
Section: Characterizing Differences In Ocean Privatizationmentioning
confidence: 99%