Myanmar’s artisanal hilsa fisheries - How much are they really worth?

Lauren Burcham, K Glenk, Michael Akester, Annabelle Bladon, Essam Yassin Mohammed

Research output: Working paper

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Abstract

Current national statistics do not capture the true value of Myanmar’s hilsa fisheries. As a result, investment in the sustainable and inclusive management of its artisanal hilsa fisheries is limited. This study estimates the economic
value of artisanal hilsa fisheries in Myanmar, using artisanal income data to estimate use value and a benefit transfer to estimate non-use value. Over ten years, implementing an incentive scheme that compensates artisanal fishers for
compliance with new fishing regulations could yield a net benefit of between US$790 million and US$1.1 billion, with benefits outweighing costs by up to nine times. These benefits include an annual 5% increase in the income of artisanal fishers and maintenance of the existence value placed on hilsa by the wider population. Although this is a rough approximation of benefits compared with costs, it clearly demonstrates that an incentive scheme would be an
economically beneficial management option.
Original languageEnglish
Place of PublicationLondon
PublisherIIED
Number of pages28
ISBN (Print)978-1-78431-829-1
Publication statusPrint publication - 22 Sep 2020

Publication series

NameIIED Working Paper
PublisherIIED, London

Keywords

  • Sustainable fisheries; economic incentives; Myanmar; marine conservation; hilsa

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    Burcham, L., Glenk, K., Akester, M., Bladon, A., & Mohammed, E. Y. (2020). Myanmar’s artisanal hilsa fisheries - How much are they really worth? (IIED Working Paper). IIED. http://pubs.iied.org/16675IIED