Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh

Md Wasiul Islam and Tapan Sarker
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Md Wasiul Islam: Asian Development Bank Institute
Tapan Sarker: Asian Development Bank Institute

No 1293, ADBI Working Papers from Asian Development Bank Institute

Abstract: The geographic and strategic location of Bangladesh beside the Bay of Bengal has opened up multidimensional opportunities for the development of coastal and maritime tourism (CMT). Though various legal documents and research have already detected opportunities for CMT from the perspective of Bangladesh, there is scant evidence of any systematic research on the institutional arrangements influencing the prospect of the development and promotion of CMT in Bangladesh. The status of the sociocultural, economic, environmental, and institutional perspectives on the coastal and marine zones of Bangladesh warrants an in-depth study focusing on the institutional arrangements that can support sustainable CMT in Bangladesh. Therefore, we examine the institutional arrangements to identify the prospects and challenges involved in developing sustainable CMT in Bangladesh. In particular, we appraise the existing institutions that support sustainable CMT and suggest policy guidelines to develop sustainable CMT policy and practice in Bangladesh. We also consider how sustainable CMT can potentially influence the blue economy, which can enhance poverty reduction through new job creation, biodiversity conservation, environmental pollution control, and the promotion of the sustainable use of coastal and marine natural resources. We aim to draw some useful policy guidelines for policy makers to intensify their emphasis on sustainable CMT as an avenue to promote the blue economy and facilitate better living standards for coastal zone communities.

Keywords: Coastal and maritime tourism; blue economy; sustainable development; institutions; natural resources; Bangladesh (search for similar items in EconPapers)
JEL-codes: L83 Z32 Z39 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2022-12
New Economics Papers: this item is included in nep-env and nep-tur
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