The Marine Economy in Times of Change
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The Marine Economy in Times of Change

PUBLICATION DATE:

Wednesday, July 01, 2009

PUBLICATION TYPE:

Magazines and Newsletters

STATUS:

Out of Print

DESCRIPTION:

This issue of Tropical Coasts presents the initial results of the economic contribution of the ocean to the countries of the region. Why is this important? As explained by McIlgorm, by identifying the economic contribution of the ocean sector, policymakers can be more aware of how external events, such as climate change, sea level rise, degradation and destruction of natural resources and pollution impact on economic growth and prosperity. For example, inundation of coastal areas by seawater may have a high economic impact, well beyond the value of the land that is lost. Some coastal areas can be surrendered at low cost, while others will have major infrastructures and facilities that are vital to local, regional and national economies, and must be defended.

 

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