Economics, Trade and Incentive Measures

 
Submission
ID 7180
 
Main Information
Title Integrated Coastal Zone Management of Coral Reefs: Decision Support Modeling
Description This study examined the ways in which the development of Integrated Coastal Zone Management systems for coral reefs in developing countries could or should be based around ecological economic decision support models. It considered the results of a World Bank program, initiated in 1995, to research the cost-effectiveness modeling of management interventions (i.e. a question of the "supply" of biodiversity as an economic asset) and marine system valuation (i.e. a question of the "demand" for biodiversity). Using three case study sites -- Curaçao, the Netherlands Antilles; the Republic of the Maldives; and Montego Bay, Jamaica -- the objective of the research was to assist policy-makers in the management and protection of coral reefs. The establishment of a cost-benefit methodology appropriate for use on coral reef systems in the developing tropics, and on marine systems in general, will assist in identifying appropriate institutional and policy interventions to help realize economically efficient uses of coral reefs while considering the impacts on and role of the supporting ecosystem.
 
Additional Information
Authors Kent Gustavson, Richard M. Huber, and Jack Ruitenbeek, editors
Source World Bank, 2000.
Countries Jamaica
Maldives
Netherlands (Kingdom of the)
Ecosystems Marine and Coastal Biodiversity
Regions Latin America and the Caribbean
Western Europe and Others
Incentive Measures Regulations / Access Restrictions
Positive Incentives (subsidies, tax breaks, ...)
Indirect Incentives (property rights, market creation)
Economic Valuation