Over the past several decades there has been increasing interest in and concern about the economics of the worlds capture fishery resources. Trond bjrndal is a world leading expert on fisheries economics and management he is a visiting professor at imperial college and distinguished research fellow at the centre for fisheries economics snf norway. Capture fisheries make contributions to the world economy that are below their potential many of the worlds capture fishery resources have been overexploited with some facing collapse. Over the past several decades there has been increasing interest in and concern about the economics of the worlds capture fishery resources massive amounts of resource rent are being lost because of inadequate management and major rebuilding of fishery resources is called for. In fact poor fisheries management squanders roughly us80 billion annually in lost economic potential and 11 percent in catch potential fish habitats are also under pressure from pollution coastal development and destructive fishing practices that undermine fish population rehabilitation efforts
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