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ID:
158983
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| Summary/Abstract |
Maritime security is essential to supporting the Blue Economy. Many maritime security forums have been key supporters of the Blue Economy concept, particularly in the Indian Ocean region (IOR). This paper will explore the co-evolution and co-dependence of Blue Economy and maritime security agendas, with a particular focus on the IOR. It identifies two primary interactions between Blue Economy and maritime security interests. Firstly, maritime security is an enabler of the Blue Economy, for example, through safeguarding navigation routes, providing important oceanographic data to marine industries and protecting rights over valuable marine resources and activities within claimed zones of maritime jurisdiction. Secondly, an often overlooked role that maritime security plays in the Blue Economy is by being itself a source of economic development and growth. An expanded Blue Economy will create greater demand for maritime security capabilities, and this, in turn, will trigger increased investment and growth in these capabilities. The enhanced and increasingly diverse role that maritime security will continue to play in the Blue Economy can be seen across all sectors in the IOR.
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| 2 |
ID:
180709
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| Summary/Abstract |
THE CONCEPT of blue economy serves as the basis for the transition to sustainable development in the marine sector. There is no universally accepted definition of this concept, but it is practically equated with marine (ocean) economy. Meanwhile, many definitions of marine economy (EU, the U.S., UK, China, South Korea, etc. [1: 141]) generally establish criteria for categorizing activities as maritime. One thing they have in common is the function of the term, which arises from the implementation of novel approaches to ocean management and governance aimed at sustainable use and conservation of ocean resources. Thus, while the word "marine" (ocean) indicates the sector of the economy (marine economy), the word "blue" defines the principles and mechanisms of its development and management.
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