Abstract

The idea of using the sea for economic gain is hardly new. Island nations, in particular, have benefitted from their ocean resources for centuries, with marine uses and activities contributing significantly to their development and overall economies. These include a wide range of maritime sectors essential to both current and future economic development, including: capture fisheries; maritime transport and ports; coastal tourism; mineral exploitation; as well as the marine ecosystems and resources that support them. What clearly is new, however, is a growing appreciation of the critical role the oceans play in sustainable economic growth and, as a corollary, a growing appreciation of the need to better manage and protect coastal and marine ecosystems and resources that are the fundamental basis for that growth.

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