it shows how fisheries can contribute to the overall ggs for a country and how the ggs as a strategy can be applied to fisheries itself it emphasises the need for a strong sciencebased approach to stock management as the foundation of resource sustainability combined with a transparent and reactive policy development cycle to ensure that fisheries deliver maximum possible benefits the ggs offers a structured approach to help policy makers identify and overcomes current problems and establish a policy development process that is focussed on achieving clear objectives through pragmatic reforms identifying current problems and risks is the first step in demonstrating the potential gains from improvements overfishing and illegal fishing overcapacity waste and inefficiency are problems faced by all countries to some extent and this section w ill discuss the costs of these problems