| 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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