@article{fdi:010093791,
  title = {{M}acroeconomic impact of an international fishery regulation on a small island country},
  author = {{G}uillotreau, {P}atrice and {D}issou, {Y}. and {A}ntoine, {S}. and {C}apello, {M}anuela and {S}alladarr{\'e}, {F}. and {T}idd, {A}lexander and {D}agorn, {L}aurent},
  editor = {},
  language = {{ENG}},
  abstract = {{T}his paper examines the macroeconomic impact of regulating tuna fishing on a small island economy that relies heavily on tourism and fishing for its foreign exchange earnings. {W}hile there is scientific consensus to limit the use of drifting fish aggregating devices (d{FAD}s) worldwide, there is no agreement on their optimal number at sea. {R}esolution 23/02, adopted by the {I}ndian {O}cean {T}una {C}ommission ({IOTC}) in {F}ebruary 2023, proposed a 72-day moratorium on d{FAD}s, but this resolution has met with resistance from many contracting parties, including developing countries. {T}o understand the reasons for this resistance, a recursive, multi-sectoral dynamic general equilibrium model is developed for the {R}epublic of {S}eychelles, a small tuna-dependent country. {T}he model assesses the short- and medium-term macroeconomic impacts of a seasonal d{FAD} closure for the {I}ndian {O}cean tuna fishery. {T}he analysis suggests that a 12% decline in canned tuna exports would result in a ?8.8% deviation from the real gross domestic product trend after seven years. {S}uch an impact would have far-reaching effects on the domestic economy, affecting all components of aggregate demand. {C}onsequently, the economy would become more dependent on tourism, which has shown its vulnerability during the recent pandemic crisis. {T}he study highlights the importance of considering social and economic aspects in sustainable fisheries management and provides insights into the potential consequences of d{FAD} regulations for small island economies.},
  keywords = {{OCEAN} {INDIEN}},
  booktitle = {},
  journal = {{NPJ} {O}cean {S}ustainability},
  volume = {3},
  numero = {1},
  pages = {18 [8 ]},
  ISSN = {2731-426{X}},
  year = {2024},
  DOI = {10.1038/s44183-024-00054-w},
  URL = {https://www.documentation.ird.fr/hor/fdi:010093791},
}