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Sumaila, U. R., and D. Pauly. (2006). Catching more bait: a bottom-up re-estimation of global fisheries subsidies. Fisheries Centre Research Reports Vol. 14, No. 6 Pages: 114pp.

This report on fisheries subsidies explores a theme that may seem baffling to the uninitiated: all but the fisheries industry seem to think subsidies are bad, yet they survive only because they are subsidized. This report does is differentiate between subsidy types – fuel and non-fuel, subsidies that are considered ‘good’, ‘bad’ and ‘ugly’.