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ID165527
Title ProperBlue Economy and Bangladesh
Other Title Information lessons and policy implications
LanguageENG
AuthorIslam, Moutusi ;  Mostaque, Lam-ya
Summary / Abstract (Note)In recent times, Blue Economy is emerging as an alternative development paradigm that balances economic use of oceans with environmental sustainability. With the depletion of land-based resources, countries around the world are turning their attention to the oceans as a new source of economic development and growth. Following the settlement of its maritime territory, Bangladesh is also working on utilizing oceanic resources with a view to becoming a developed country. In this backdrop, the paper is an attempt to examine the initiatives taken by different countries around the world to develop Blue Economy and identify important lessons that Bangladesh can learn from those experiences. The lessons include formulating a well-articulated Blue Economy plan, developing robust legal and institutional frameworks, emphasizing indigenous capacity development, prioritizing ocean research and innovation, protecting ocean environment as well as pursuing ‘Blue Diplomacy’ among others.
`In' analytical NoteBIISS Journal Vol. 39, No.2; Apr 2018: p.135-162
Journal SourceBIISS Journal 2018-06 39, 2
Key WordsBangladesh ;  Blue Economy