Abstract
The efficiency of Finnish inland fisheries administration has improved during the past 15 years because of changes in fisheries legislation. The establishment of regional management units particularly has improved the practice of co‐management, which has allowed the participation of many relevant interest groups in the decision‐making process. The long‐term private market equilibrium supply for recreational fishing with active types of gear accounted for 50% of the Finnish lake surface area. Presently the public sector has become involved in the supply of recreational fishing licences. The improvement in the system owes much to political initiatives. As regards commercial fishing, state‐ownership of fishing grounds is a channel for recruitment into the occupation. Private ownership has led to a suboptimal allocation of fisheries resources, particularly in the commercial branch of the industry. However, by giving priority to social instead of economic goals the statutory fishery associations will help to maintain social and community values, which are locally important.
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