Economy
Between 1 July 1998 and 30 June 1999, fisheries landed 119,898 tonnes, of which 85% consisted of krill and 14% of Patagonian toothfish. International agreements came into force in late 1999 to reduce illegal, unreported, and unregulated fishing, which in the 1998–99 season landed five to six times more Patagonian toothfish than the regulated fishery.
Read more about this topic: Southern Ocean
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (18031882)
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
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“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
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