Global subsiding as a way to sustainable fishery

Abstract

Government subsidies affect many kinds of world’s fishery and are intended to restore troubled fisheries. The article shows that current information about global subsidies for fishery are fragmentary due to lack of its classification and accounting. But at the same time, many fishery countries allow overfishing, illegal, unreported and unregulated fishing. As a result, bioresources are overexploited, and economical indicators of fishing deteriorate. Depleted reserves of fish in seas, and also economical and social problems within fishery society is a result of exploiting of marine bioresources in terms of lack of proper fishing management system. We have made an attempt to summarize approaches of different organizations to classify global subsidies. The presented analysis shows that the largest share of subsidies falls on fuel, which is undoubtable a negative tendency. The assessment of subsidies level for the largest fishery countries is implemented. Scientific and practical recommendations are formulated, its compliance may provide the growth of economical state without accelerating the depletion of fish stocks.