New Zealand having problems with fishery quota system

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f the landlubbers in the reading au­dience will indulge me for another col­umn, I will elaborate a bit further on conserving fish stocks through privatiz­ing marine fish quotas. The primary mechanism for this is assigning indi­vidual transferable quotas (ITQs). We only have to look at Canadian experi­ence with ITQs to know it will not work.
 

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