Abstract
The practice of governments providing financial assistance to sectors of the economy or directly to private companies in order to protect infant industries or encourage economic development in a given region has been in existence for many centuries. Scotland, for example, was already providing fisheries subsidies to herring and whale fisheries in the eighteenth century. Governments assist fishing industries in order to promote economic growth in coastal areas, help fishing industries modernize fleets, and more recently encourage these industries to move in a more responsible and environmentally friendly direction
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© 2011 Springer- Verlag Berlin Heidelberg
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Chen, CJ. (2011). Introduction. In: Fisheries Subsidies under International Law. Hamburg Studies on Maritime Affairs, vol 20. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15693-9_1
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DOI: https://doi.org/10.1007/978-3-642-15693-9_1
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Publisher Name: Springer, Berlin, Heidelberg
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