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Towards sustainable fisheries subsidies: Entering a new round of reform under the Common Fisheries Policy

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  • Markus, Till

Abstract

On 22 April 2009 the European Commission published its 'Green Paper on the Reform of the Common Fisheries Policy'. The Green Paper points out a contradiction in policy, noting on one hand that public financial support to the Community's fisheries sector is substantial, but on the other hand such support is often incompatible with other Common Fisheries Policy (CFP) objectives, particularly the need to reduce overcapacities. Providing an analytical framework to better understand the effects of subsidies as well as an overview of existing funding schemes under the CFP, this article aims at answering some of the questions posed by the European Commission within its Green Paper. Answers are based on two ideas: the exploitation of marine capture resources ultimately depends on the level of available fish stocks and that a large share of subsidies fuels the race to fish by inducing investment incentives for the fisheries sector. Policies that have ignored this tend to encourage inefficient and unsustainable fishing as well as the misallocation of public funds. Although support schemes under the CFP have changed in recent years, some problematic support schemes persist. A future reform will have to continue the course taken towards sustainable and efficient approaches to supporting the fisheries industry.

Suggested Citation

  • Markus, Till, 2010. "Towards sustainable fisheries subsidies: Entering a new round of reform under the Common Fisheries Policy," Marine Policy, Elsevier, vol. 34(6), pages 1117-1124, November.
  • Handle: RePEc:eee:marpol:v:34:y:2010:i:6:p:1117-1124
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    Citations

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    Cited by:

    1. Machado, Fábio Luiz Vargas & Halmenschlager, Vinícius & Abdallah, Patrízia Raggi & Teixeira, Gibran da Silva & Sumaila, Ussif Rashid, 2021. "The relation between fishing subsidies and CO2 emissions in the fisheries sector," Ecological Economics, Elsevier, vol. 185(C).
    2. Chollett, Iliana & Canty, Steven W.J. & Box, Stephen J. & Mumby, Peter J., 2014. "Adapting to the impacts of global change on an artisanal coral reef fishery," Ecological Economics, Elsevier, vol. 102(C), pages 118-125.
    3. Surís-Regueiro, Juan C. & Garza-Gil, M. Dolores & Varela-Lafuente, Manuel M., 2014. "Socio-economic quantification of fishing in a European urban area: The case of Vigo," Marine Policy, Elsevier, vol. 43(C), pages 347-358.
    4. Salomon, Markus & Markus, Till & Dross, Miriam, 2014. "Masterstroke or paper tiger – The reform of the EU׳s Common Fisheries Policy," Marine Policy, Elsevier, vol. 47(C), pages 76-84.
    5. Joshua Mugambwa & Diana Nandagire Ntamu & Godwin Kwemarira & Luke Sewante & Mahadih Kyambade, 2024. "Co-evolution and Fisheries Policy Implementation in Sub Saharan Africa," Public Organization Review, Springer, vol. 24(1), pages 259-280, March.

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