OECD governments pay out around USD 6 billion a year to support the fisheries sector. Some of this expenditure is provided to help ensure the effective management of fisheries through the provision of research, administrative and enforcement services. However, its effects on economic profitability and resource sustainability are open to debate. Such support has often been linked to over-fishing and over-capitalisation, and its reform may lead to improved economic, environmental and social outcomes. This report analyses the impacts of such transfers from a sustainable development perspective by addressing the economic, environmental and social dimensions of financial transfers. Through this innovative focus, this study will deepen policy makers’ understanding of the complex issues at play in the fisheries sector — a sector that is characterised by ongoing concerns regarding economic profitability, community resilience, and resource sustainability.
Table of contents:
Executive Summary Part I. Government Financial Transfers froma Sustainable Development Perspective -Chapter 1. Government Finanical Transfers to Fisheries in OECD Countries -Chapter 2. A Sustainable Development Framework for Assessing the Effects of Government Financial Transfers -Chapter 3. Analysis of Specific Government Financial Transfer Categories -Chapter 4. Key Policy Insights Annex I.1. Historical Data 1996-2003 Part II. Analysing the Pillars of Sustainable Development in Fisheries -Chapter 5. The Economic Effects of Transfers to the Fisheries Sector -Chapter 6. The Environmental Effects of Transfers to the Fisheries Sector -Chapter 7. Social Impacts of Gvoernment Finanical Support of Fisheries -Chapter 8. Social Capital and Fisheries Subsidy Reform Part III. Country Case Studies -Chapter 9. Canada's Response to the 2003 Cod Fishery Closure -Chapter 10. Analysis of the Fishery Agreement between the Seychelles and the European Union -Chapter 11. Fisheries Subsidies in Norway -Chapter 12. Analysis of Subsidies to Decommissioning Vessels and License Retirement in Australia