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Research Article

Performance indicators for the blue economy

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Pages 149-170 | Published online: 04 Aug 2021
 

ABSTRACT

This paper isolates the interconnectivity of the Blue Economy to gain insight into a system with an interwoven consistency across an interconnected network. The Blue Economy’s definition is reconfirmed and application of it in calculable methods are placed in a manner that allows for scrutiny. This scrutiny is envisioned to embrace the calculation of the sustainability of Blue Economy resources. Marine Spatial Planning is reviewed with the aim of allocating the Blue Economy resources as part of institutionalism, and revenue generator for national states. How to achieve is, is singled out as the purpose of performance indicators where indicators, in general, are associated with measuring the success of exploitation and beneficiation. Seven indicators are identified and each’s ratios are highlighted and embroidered on for an understanding of inclusion purposes. Several conclusions are drawn that are supported with the findings of the isolation approach applied.

Disclosure statement

No potential conflict of interest was reported by the author(s).

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