MARINE AND BLUE ECONOMY: WHAT IS THE DIFFERENCE AND WHAT UNITES THESE CONCEPTS?

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Published: Mar 31, 2025

  Volodymyr Parsyak

  Olesia Kanash

Abstract

The purpose of this article is to elucidate the content of the categories "marine" and "blue" economy, which are increasingly utilised in scientific and political contexts. Absent an acknowledgement of this issue, there is a risk of ambiguous interpretation of the relevant definitions, which poses a threat to the effectiveness of crucial decisions related to accelerating economic growth without distorting natural ecosystems. The focal point of this study is the examination of the relationships established among participants engaged in projects that are focused on the utilisation of the global oceans' abundant resources. The research methods employed encompass content analysis of academic publications and documents from international organisations, in addition to the authors' own observations. The research results indicate a clear differentiation of the content of the categories "marine" and "blue" economy, along with other related categories. This clarity will improve practical decisions regarding the selection of sustainable development strategies for enterprises engaged in activities related to the use of marine/ocean resources to create values capable of meeting human needs. The proposed model delineates the process of planetary economy development from ordinary to sustainable, with the corresponding qualification of its intermediate states.

How to Cite

Parsyak, V., & Kanash, O. (2025). MARINE AND BLUE ECONOMY: WHAT IS THE DIFFERENCE AND WHAT UNITES THESE CONCEPTS?. Three Seas Economic Journal, 6(1), 55-63. https://doi.org/10.30525/2661-5150/2025-1-9
Article views: 52 | PDF Downloads: 40

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Keywords

economy, green economy, marine economy, оcean economy, maritime economy, сoastal еconomy, blue economy, blue transition

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