Polar regions, high seas and the deep sea bed (global commons): international regulations and policies for their management and protection under the concept of the common heritage of mankind
Βαρελά, Θεοδώρα Π.
Varela, Theodora P.
KeywordsInternational law ; Law of the sea ; Common heritage of mankind ; Global commons ; International Seabed Authority ; Deep Sea Bed ; Arctic Circle ; High Seas ; Antarctica ; Antarctic Treaty
This study examines how proprietary rights have evolved and how they nowadays co-exist in the common goods and, following, how they could be better regulated as to serve the Common Heritage of Mankind concept. The most common phenomenon nowadays, as demonstrated by the United Nations Convention on the Law of the Sea (UNCLOS), is that of the technologically advanced nations taking over the management and exploitation of the commons, reaping solely unilateral benefits. Conclusively, it is argued that sustainable economic development in the commons can be maintained by the capital exporting nations being tied by an improved regime under the auspices of the International Authorities.