The Management of International Common Property Resources

The absence of defined property rights over international common property resources has resulted in serious management problems. Under conditions of free entry to exploitation of the commons, the management of world fisheries, international air and water resources, and ocean-floor resources is diffi...

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Bibliographic Details
Published in:Geographical review 1971-07, Vol.61 (3), p.325-338
Main Author: Ross, William M.
Format: Article
Language:English
Subjects:
Economic resources
Fisheries management
Fishery economics
Fishery resources
Marine resources
Ocean fisheries
Pollution control
Resource ownership
Treaties
Water pollution
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Summary:The absence of defined property rights over international common property resources has resulted in serious management problems. Under conditions of free entry to exploitation of the commons, the management of world fisheries, international air and water resources, and ocean-floor resources is difficult, and its success is closely related to the willingness of nations to surrender part of their sovereignty to international institutions. Extending the powers of international institutions and increasing efforts to reduce abuses of the commons at the national level are the most practical means of developing global management standards.
ISSN:0016-7428
DOI:10.2307/213431