This document examines the successes and failures of the present Convention on International Trade in Endangered Species of Wild Fauna (CITES) and analyses its defects. Major changes are needed in the structure of the Treaty to overcome its perceived shortcomings. A Vision for a new treaty is...

Economic models of trade in endangered species products often do not incorporate four focal arguments in the policy debate over trade bans: (1) law-abiding consumers may operate in another market, separate from illegal consumers, that trade would bring online; (2) legal trade reduces stigma,...

This paper outlines key innovations of the new Russian Hunting Act, compares it with biodiversity MEAs, Russian laws and makes some theoretical, methodological and practical assumptions about problems of enforcement of inconsistent national legislation

Genetic resources are living organisms that contain genetic information which is of importance for biotechnological research and development. Facing an accelerated worldwide loss in species diversity, the question is whether commercial trade with genetic resources can generate sufficient...

Reduction of the earth’s biodiversity as a result of human activities is a matter of great concern to prominent scientists. What are the economic aspects of this loss? In economic terms, what is biodiversity and why might it matter? And is the loss of biodiversity in any way connected with...