Updated Estimates and Analysis of Global Fisheries Subsidies
Sumaila, U. Rashid, Naazia Ebrahim, Anna Schuhbauer, Daniel Skerritt, Yang Li, Hong Sik Kim, Tabitha Grace Mallory, Vicky W.L. Lam, and Daniel Pauly
Sumaila, U. Rashid, Naazia Ebrahim, Anna Schuhbauer, Daniel Skerritt, Yang Li, Hong Sik Kim, Tabitha Grace Mallory, Vicky W.L. Lam, and Daniel Pauly. “Updated Estimates and Analysis of Global Fisheries Subsidies.” Marine Policy 109 (2019): 103695. https://doi.org/10.1016/j.marpol.2019.103695.
The authors present an update of the current scope, amount and analysis of the level of subsidization of the fisheries sector worldwide. The study estimates global fisheries subsidies at USD 35.4 billion in 2018, of which capacity-enhancing subsidies are USD 22.2 billion. The top five subsidising political entities (China, European Union, USA, Republic of Korea and Japan) contribute 58% (USD 20.5 billion) of the total estimated subsidy. The updated global figure has decreased since the most recent previous estimate from 2009, of USD 41.4 billion in 2018 constant dollars.
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