Fisheries management in Norway—an overview

Fisheries management in Norway has evolved over decades. The management regime is complex and consists of a number of instruments including the setting of annual total allowable catch quotas and restrictions on access to the different fisheries. There are substantial differences in management regime depending on species and vessel type, ranging from regulated open access to non-transferable individual vessel quota systems. The article gives an overview over the current management system, undertakes an economic appraisal of the management system and explains how it has evolved over time.