Abstract

AbstractEffective fisheries management is necessary for the long‐term sustainability of fisheries and the economic benefits that they provide, but focusing only on ecological sustainability risks disregarding ultimate goals related to well‐being that must be achieved through broader social policy. An analysis of global landings data shows that average fishing wages in 36%–67% of countries, home to 69%–95% of fishers worldwide, are likely below their nationally determined minimum living wage (which accounts for costs of food, shelter, clothing, health and education). Furthermore, even if all fisheries in every country were perfectly managed to achieve their Maximum Sustainable Yield, a common sustainability target, average incomes of fishers in up to 49 countries—70% of fishers worldwide—would still not meet minimum living wages. Access to decent work and livelihoods are fundamental human rights, including for all fisherfolk around the world, and strategies to support their well‐being must therefore integrate a much wider set of perspectives, disciplines and institutions. Key first steps for fisheries researchers are to more fully recognize and estimate fisheries benefits to households—including income from women and/or alternative employment, unreported landings, or shadow values of subsistence catch—and to help identify and learn from economic equity outcomes in rebuilt fisheries around the world.

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