This chapter focuses on how the lack of property rights in North-South trade of primary resources can distort trade and threaten the sustainability of development. This issue is examined within a two-region world economy where one region, the North, represents the industrial countries, and the...

We examine trade and strategic interaction between countries that enforce technical measures for resource management which restricts capacity of exploitation to protect an internationally shared renewable resource. The technical measures are common management tools in fisheries (e.g.,...