Abstract
The aim of this paper is to assess the main impacts of the Common Fisheries Policy (CFP) in the development of Portuguese fisheries. CFP has introduced a wide range of regulatory instruments, such as the annual total allowable catches (TACs), restrictions on the permissible number of fishing days, fleet reductions and limits on the size and engine power of fishing vessels, alongside with some technical measures to regulate gear usage and where and when fishermen can fish. We analyse the trend evidenced by some of the most relevant structural dimensions of the Portuguese fishing fleet using data surveyed from the Statistics Portugal database for a 21 year period (1994–2014). The results suggest that CFP, namely its conservation measures, has failed so far to achieve its fundamental objective of matching fishing effort and living resources through the coupling of biologic objectives with the ones related to the social and economic aspects of fisheries.
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