An Assessment and Policy Proposals Within the Framework of the Blue Economy and Public Policies

Abstract

Blue economy refers to economic sectors that are either directly or indirectly linked with the oceans. However, the blue economy does not only have an economic dimension. Environmental health is also an area that blue economy takes into account. This chapter draws attention to both social and economic potential to be created by blue economy and to consider and evaluate how to increase this potential through public policies in today's century, when the resources are gradually depleted and population growth continues. In order for the blue economy to be a driving force for sustainable growth, public-private partnerships emerge as a recipe for opportunities. In addition, the growth of the blue economy can be stimulated by conventional financial instruments (such as taxes and subsidies). Since the blue economy is at an intersection of environmental health and economic benefits, positive externalities that environmental health can have on generations should not be overlooked.