Toward a Blue Economy : A Promise for Sustainable Growth in the Caribbean
The report is structured in four chapters that together, responds to the fundamental questions raised by decision-makers within finance ministries and central banks across the Caribbean. Chapter one provides a working definition of the ocean econom...
| Main Authors: | , , , , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/09/26538513/demystifying-blue-economy-pathways-prospects-caribbean-region http://hdl.handle.net/10986/25061 |
| Summary: | The report is structured in four
chapters that together, responds to the fundamental
questions raised by decision-makers within finance
ministries and central banks across the Caribbean. Chapter
one provides a working definition of the ocean economy and
the blue economy concepts, and explains why these terms are
growing in importance globally and specifically across the
Caribbean. Chapter two deconstructs the ocean economy,
suggesting that a significant portion of the economic value
derived from the ocean is based on the natural resources and
ecological systems that function in economic terms as the
ocean economy’s natural capital asset base. Chapter three
attempts to reconcile two global and Caribbean
region-specific trends, a growing ocean economy and
declining natural capital asset base, and suggests that
reformed and integrated policy packages are necessary for
sustainable development of countries’ ocean space and
long-term growth from their ocean economies. Chapter four
offers an approach for consideration by decision-makers to
serve as a guide in enabling a transition toward a Caribbean
blue economy. |
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