The Role of the Blue Economy in National Development: A Case of Ghana
This assessment paper give emphasis to
the contributions of the blue economy to national development. It stresses the point
that the blue economy has great impact on a nation’s development. This actually
explains why recent governments of various countries has given much attention and
focus on their marine boundaries expecting to use it among others, as a mechanism
of safe guarding their territorial waters with consequential hope of discovering
natural minerals like oil which will help in enhancing the national resources used
in developing the lives of their citizenry in terms of standard of living and the
general development of the nation. This is because, the blue economy, in the life
of a nation, provides great advantage in terms of the economic development of that
country and a great disadvantage to the land lock nations at the back-dropped of
the fact that the blue economy has long been an economic
force to reckon with. It is also used by nations as the force and wall of their national
defense and it has been observed that it plays major role in the international trade
of the country. Looking at the blue economy in this perspective demands for proper
attention from central government, traditional authorities, and the public and local
governments to make sure that, this God-given treasure do not become a national
curse but would be put to efficient use to produce the anticipated results, which
will encourage national development. As valuable as it is, the blue economy is being
muddled up in Ghana as the resource suffers from pollution as a result of scientific
fishing, pollution by the public and by illegal miners and
these calls for the need for better ocean governance. This study
intends to achieve the following objectives; first is to determine the role and
benefit of the blue economy in national development, to identify some challenges
faced in the management of the blue economy of Ghana and to determine and make effective
recommendations that would aid to reduce or mitigate the challenges faced by the
blue economy. To achieve the objectives slated for this paper, review of secondary
data from documented reports and the internet, publications, journals and articles
were used. The primary data was an in-depth guided interview with key informants
(fishing folk, oil and gas officers, port management and shipping officers etc.)
and observation of events relating to the sea. To make the nation derive maximum dividends
from the blue economy, valuable recommendations were offered.
Blue Economy, National Development, Marine, Ocean, Ghana.
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