Global fisheries subsidies: An updated estimate (Sumaila et al.)
This paper by R. Sumaila, V. Lam, F. Le Manach, W. Swartz and D. Pauly published in Marine Policy aims to provides an updated estimate of global fisheries subsidies. It builds on earlier estimates and methodologies to re-estimate and discuss the various types of subsidies provided by governments around the world. The results suggests that total fisheries subsidies were about USD 35 billion in 2009 dollars, which is close to an earlier estimate of 2003 subsidies once adjusted for inflation. Capacity enhancing subsidies constitute the highest category, accounting for USD 20 billion. The paper is available to download on Elsevier.