1. “Contemporary Approaches for effective Marine Resources Management” Max Agüero (Ph.D.) Marine Economist Universidad Santa María Chile

2. PRESENTATION A quick overview of marine resources The failures of traditional approaches for management The nature of more effective recent management approaches

3. A Quick Overview Marine Resources & Oceans: the problems Loss of Habitats & Biodiversity Declining capacity for ecological functions Increasing conflicts over use of resources Increased health hazards Over-exploitation of resources Increased illegal & unreported fishing Ocean Acidification and coral reef calcification Loss of potential rents & social benefits

4. The Failures of Traditional Approaches Exogenous & Stochastic factors Insufficient data, information & knowledge Poor policy design and implementation Weak monitoring, surveillance and enforcement (MSE) Poor Governance and Conflict of interests Externalities and Market failures Perverse incentive system for access and use

5. The nature of recent more effective approaches Improve understanding of the dynamics of humans behavior in relation to ocean resources eliminating perverse incentives Develop standardized / widely accepted integrated indicators of performance Promote good governance principles and procedures Strengthen MCSE procedures Integrate communities, stakeholders and policy makers into decision making

6. FINAL MESSAGE: Promote the use of: INTEGRATED, ADAPTIVE AND ECOSYSTEMS APPROACHES FOR MANAGEMENT: …Manage people not oceans or fishes