The Rationale, Status Quo and Suggestions for the Caribbean Blue Economy

DOI

10.2991/978-94-6463-052-7_93How to use a DOI?

Keywords

Blue Economy; Caribbean Region; Ocean

Abstract

The blue economy is a marine economy infused with the concept of sustainable development. It aims to promote economic growth, improve people's lives and protect the marine ecological environment through the sustainable development and utilization of marine resources. The blue economy has become the mainstream paradigm leading the development of the global marine economy. Caribbean countries also suit to the blue economy. However, Caribbean countries are facing multiple challenges that may constrain development potentials, such as the current degradation of resources and ecosystem, limited internal and external financial support, and weak research capacity. To resolve these challenges, Caribbean countries should establish an integrated ocean governance framework, attract investment for the blue economy and encourage more education and research opportunities. In the current era, the blue economy will surely become the way for Caribbean countries to achieve greater development and will occupy an increasingly important position in the regional governance system.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Tianchen Huang
PY  - 2022
DA  - 2022/12/27
TI  - The Rationale, Status Quo and Suggestions for the Caribbean Blue Economy
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 818
EP  - 828
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_93
DO  - 10.2991/978-94-6463-052-7_93
ID  - Huang2022
ER  -