Chapter 3 National Experiences with Subsidies, their Impacts and Reform Processes; Introduction; Fisheries Subsidies: The Senegalese Experience; The Impact of Fisheries Subsidies on Tuna Sustainability and Trade in Ecuador; Fisheries Subsidy Reform in Norway; Common lessons from Senegal, Ecuador and Norway Cases; Chapter 4 Emergence of an International Issue: History of Fisheries Subsidies in the WTO; Introduction; Phase I: Early Analysis and Preliminary International Action; Phase II: Globalization and the Shift of Focus to the WTO; Phase III: The WTO Negotiations Take Shape

The fisheries sector is in crisis. Inappropriate subsidies to the fishing industry are a key factor responsible for worldwide fisheries depletion, overcapitalization and ecosystem degradation. There is an urgent need for an international mechanism to promote the appropriate restructuring of fisheries subsidies in order to create a more sustainable industry. In recent years the leading international forum charged with providing such a mechanism has been the World Trade Organization (WTO).This book explains why and how the reform of fisheries subsidies has become one of the most concrete and potentially successful international efforts to achieve global environmental, economic and developmental policy coherence. It describes the history and current status of the discussions at the WTO, drawing on UNEP's key documents and reflecting on the major issues. Accompanying the book are downloadable resources containing full-text versions of the most important source material used in the publication. The book is aimed at a broad stakeholder audience, including policymakers in the fields of trade, fisheries, environmental economics and international environmental governance, as well as academics and others looking for an overview of the fisheries subsidies issue and an introduction to its technical components.Published with the United Nations Environment Programme (UNEP)

First Published in 2010. Routledge is an imprint of Taylor & Francis, an informa company.

In the past six years, the world's fishery sector has reached a turning point with global fish production reaching a plateau of approximately 100 million tons annually. While aquaculture output continued to grow, yields from capture fisheries were uneven and showed increasing signs of stagnation because of widespread overfishing and overcapitalization, ineffective management, deteriorating resource health, declining or flat global harvests, and inefficient economic and trade policies. This paper examines the role of subsidies in fisheries.