CITES = Convention on International Trade in Endangered Species of Wild Fauna and Flora

CITES = Convention on International Trade in Endangered Species of Wild Fauna and Flora

From illegal drugs, stolen artwork, and forged trademarks, to fraud in financial markets - the phenomenon of illegality in market exchanges is pervasive. Illegal markets have great economic significance, have relevant social and political consequences, and shape economic and political structures. Despite the importance of illegality in the economy, the field of economic sociology unquestioningly accepts the premise that the institutional structures and exchanges taking place in markets are law-abiding in nature. This volume makes a contribution to changing this. Questions that stand at the centre of the chapters are: What are the interfaces between legal and illegal markets? How do demand and supply in illegal markets interact? What role do criminal organizations play in illegal markets? What is the relationship between illegality and governments? Is illegality a phenomenon central to capitalism? Anchored in economic sociology, this book contributes to the analysis and understanding of market exchanges in conditions of illegality from a perspective that focuses on the social organization of markets. Offering both, theoretical reflections and case studies, the chapters assembled in the volume address the consequences of the illegal production, distribution, and consumption of products for the architecture of markets. It also focuses on the underlying causes and the political and social concerns stemming from the infringement of the law.

The Panel met in response to the agreement by the 25th and 26th sessions of the FAO Committee on Fisheries (COFI) to discuss proposals regarding the Convention on International Trade in endangered Species of Wild Fauna and Flora (CITES), The objectives of the Panel were to assess each proposal from a scientific perspective in accordance with the CITES biological listing criteria; and to consider technical aspects of the proposal in relation to biology, ecology, trade and management issues, as well as the likely effectiveness for conservation. Seven proposals were evaluated by the Panel.

Flag of convenience fishing seriously undermines efforts to protect the marine environment. To counter this threat, Market Denial and International Fisheries Regulation rests on the logic of the most basic tenet of economics: if no market exists for a product then producers will cease to produce. Denying market access to the flag of convenience fishing fleet should significantly reduce instances of illegal, unreported and unregulated (IUU) fishing. In areas beyond national jurisdiction not only is market denial the most effective means of undermining the IUU fleet, it is, for most practical purposes, the only way to do so. To what extent, however, do the laws of the sea and international trade allow groups of States to close their markets to non-compliant fishing vessels?

The Panel was convened in response to the agreement by the twenty-fifth session of the FAO Committee on Fisheries on the terms of the reference for an Expert advisory panel for assessment of proposal to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), and to the endorsement of the 26th Session of the COFI. This Report includes the assessment of each of the six proposal made by the Panel. Available in French and Spanish.