Blue Economy of the Indian Ocean: Resource Economics, Strategic Vision, and Ethical Governance

The Indian Ocean Region (IOR) faces significant threats from climate change,exploitation,and resource acquisition,and maintaining a balance between development and sustainability is a challenge. This book explores the potential of the IOR and proposes a blue economy business model to create sustainable and responsible economic and strategic activities. It covers topics such as food security,energy,resilience,climate change,trade,investments,and tourism,and discusses the economics of the blue economy,the global scenario,and the Chinese geo-political invasion. The book is a valuable resource for researchers, professionals,graduate students,and organizations in marine sciences,economics,business,geography,and political sciences.

Format: Paperback / softback
Length: 297 pages
Publication date: 31 May 2023
Publisher: Taylor & Francis Ltd

The prevailing economic paradigms worldwide are unsustainable, posing significant threats from climate change, exploitative business practices, and excessive resource acquisition. The need to strike a harmonious balance between development, ecological preservation, and sustainability is a pressing challenge. The Indian Ocean Region (IOR) is home to some of the world's poorest countries, which will be disproportionately affected by climate change. This book delves into the immense potential of the IOR and explores strategies for maintaining sustainable and responsible economic and strategic activities. By combining science, innovation, and entrepreneurship, a new blue economy business model can be created, with the potential to transform society.

Critical analysis of this model and its practical applications, encompassing risks and opportunities, is conducted across various topics. These include food security, energy, resilience to climate change, trade and investments, improved maritime connectivity, tourism, poverty alleviation, and socioeconomic growth. The book brings together a diverse range of interests and expertise, covering a wide spectrum of issues within the IOR.

The book examines the geo-politics, geo-resources, and geo-hazards of the IOR, identifying opportunities and methods for success. It conducts a detailed assessment of available resources, such as fisheries, minerals, and energy, as well as threats such as pollution, including plastic, acoustic, carbon, and bio-invasion. Additionally, it analyzes geo-politics, including maritime security and military invasion, and strategic vision, including determining carrying capacity, ethical governance, and responsible ecosystem management.

The economics of the blue economy are explored, including the global scenario encompassing the Pacific and Caribbean islands. The book discusses the potential benefits and challenges of the blue economy, such as job creation, economic growth, and sustainable resource management. It also examines the role of the IOR in shaping the global economy and the importance of regional cooperation and collaboration in addressing shared challenges.

In conclusion, this book offers valuable insights into the immense potential of the IOR and the need for sustainable and responsible economic and strategic activities. By combining science, innovation, and entrepreneurship, the blue economy business model can create a new path toward a more sustainable and prosperous future. The book emphasizes the importance of regional cooperation and collaboration in addressing shared challenges and promoting sustainable development in the IOR.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367523824