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Studying the Possibility of Moving Towards a Blue Economy to Achieve Environmental and Economic Sustainability in Iraq

Dr. Ahmed Raad Abdulkafi , University of Babylon, College of Administration and Economics, Department of Banking and Financial Sciences, Iraq .
Dr. Alaa Noori Hussein , University of Babylon.
Hayder Mohammed Kareem , University of Babylon, College of Administration and Economics, Department of Economics, Iraq .

Abstract

Due to the many economic crises that emerged as a result of the traditional patterns adopted in the field of production and consumption that lack the necessary environmental and economic sustainability, which led to the depletion of the earth's natural resources, the need has arisen to move towards the exploitation of marine resources that provide important possibilities that would stimulate economic growth and achieve  Social welfare, while ensuring the continuity of resources and environmental protection for the oil-producing countries, and this led to the emergence of the blue economy.  It can also contribute as a new path and act in the use of coastal tourism and marine activities in the Iraqi economy, as Iraq is one of the countries that owns many water resources, which represent one of the alternatives for sustainable development.

Keywords

Blue Economy, Sustainable development, Water Resources and Bodies

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Studying the Possibility of Moving Towards a Blue Economy to Achieve Environmental and Economic Sustainability in Iraq. (2024). International Journal of Business and Management Sciences, 4(02), 07-15. https://www.academicpublishers.org/journals/index.php/ijbms/article/view/255