Economic aftermath
Researcher responds to Humane Society International – International Fund for Animal Welfare report on polar bear trade.
The HSI-IFAW authors are correct that Inuit receive barely one-half of sport hunt fees, citing my figure of $1.5-million as this annual revenue, but then question the importance of sport hunt money to Inuit.
I derived the economic effect from the value of the traditional food produced for each sport-hunt dollar Inuit “invested” in hunting equipment. The result was a 5:1 return.
Polar bear sport-hunting, as an economic activity, took off in the aftermath of the collapse of the world sealskin market, an occurrence in which the International Fund for Animal Welfare played a primary role.