Securing future fishery production with TAC and ITQ - the case of Namibia
Overfishing is a severe threat to all of the world’s fisheries. Uncontrolled effort levels and insufficient research about the state of the fish stocks has lead to a rapid decline in many fish stock populations. The most recent research reported that 32% of global marine resources are either overexploited or depleted and that 53% are fully exploited. Many countries put their hope to designing fish