| OECD Factbook 2007 - Economic, Environmental and Social Statistics | ||||||||||||||||||||||||
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| PUBLIC EXPENDITURE AND AID |
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Government support for fishing Catches from sea fishing have been declining both because of falling stocks due to over-fishing and because of national and international measures to preserve the remaining fish resources. This has been particularly marked in the Northern Hemisphere and has lead governments in many OECD countries to provide financial support to the fishing industry. Definition The time series "Government financial transfers (GFT)” provides an indicator of the financial support received by the fishery sector. GFTs consist of direct revenue enhancing transfers (direct payments), transfers that reduce the operating costs, and the costs of general services provided to the fishing industry. These general services consist mainly of fishery protection services but also include the costs of local area weather forecasting and the costs of navigation and satellite surveillance systems designed to assist fishing fleets. Comparability The data are relatively comprehensive and consistent across the years, but some year-to-year variations must be interpreted with caution, as they may reflect changes in national statistical systems. Note too that the general services provided by government may contain large and irregular capital investments. For example, the GFTs for Greece in 2001 and in particular for 2002 include the implementation cost of a satellite control system.
Source
Further informationAnalytical publications
Websites
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Government financial transfers
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