Abstract: In India, there is a growing emphasis on sustainability and inclusiveness in the use of ocean resources. However, current assessments of the Indian blue economy primarily focus on traditional methods of measuring the ocean's value. These methods only consider GDP contributions and do not consider sustainability, inclusiveness, and other non-market benefits. To address these gaps, a new approach to economic accounting is required, one that integrates sustainable resource management, social inclusiveness, and environmental conservation. This presentation will explore these aspects and propose an economic accounting framework that can be applied to the blue economy of India.
About the speaker: Debosree Banerjee is an applied microeconomist by training. Debosree’s research interests are in the areas of Development Economics, Environmental Economics and Public Policy.