ABSTRACT

The materials presented in this volume – reflecting over a decade of research, analysis and experience – reveal both the importance and the maturity of fisheries subsidies as a cutting-edge international issue. Although improper subsidies are just one of several factors driving the crisis of overfishing, their very real impacts and the urgent need for their reform have been thoroughly documented and widely recognized. Moreover, the political and technical impediments to reform have by now been catalogued and explored in substantial detail. In short, the fisheries subsidies debate has reached a point where both the nature of the problem and the path towards effective solutions are reasonably clear.