Interactions between Private and Public Resource Governance: Key Insights from the Fisheries Case
Wm. & Mary Pol'y Rev., 6, 1.
25 Pages Posted: 11 Jul 2014 Last revised: 21 Apr 2018
Date Written: 2014
Abstract
Growing in presence and visibility, eco-labels and other forms of green certification are the more visible signs of a broader social and policy phenomenon: the rise of private regulation and nonstate, market-based governance of industry environmental and resource practices. The growth of private regulatory initiatives, especially initiatives led by NGOs and other civil society actors, is increasingly accompanied by concerns over their potential to detract from public, government regulation.
This paper offers some important insights on the nature and consequences of interaction between more traditional forms of public, government regulation and the growing realm of market-based regulation by nonstate actors. It does so by focusing on the burgeoning field of private, market-based fisheries regulation to examine the public policy and regulatory implications of growing NGO use of market-based regulation.
My observations and analysis suggest important potential for positive synergies between the private, market-based regulatory efforts of NGOs and their broader endeavors for public regulatory reform.
Keywords: market-based governance; private regulation; public regulation; public-private; ecolabeling; sustainable seafood; sustainable seafood movement, NGOs; supply chains; market power
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