Sustainable Governance of Marine Stakeholders

Hiroshige Tanaka
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Hiroshige Tanaka: Faculty of Economics Chuo University, Japan

Oceanography & Fisheries Open Access Journal, 2019, vol. 11, issue 1, 13-16

Abstract: Sustainability of ecological and social system in the marine needs the structure reform of stakeholders. We employ a classification of stakeholders; inside, outside and external stakeholders to explore the sustainable society in the marine. From the beginning of the 21th century innovation of ICT improves industrial revolution of digital technologies in the proceeding of globalization. In the early stage of the globalization, global corporations do not only increase inside and outside stakeholders within their market network but also accompany rising external stakeholders. It has raised many environmental and social problems into the marine society. The digital revolution can develop the efficient connection between consumers and producers by lowering the transaction cost of markets and improve conservation of marine resources economically and ecologically. Consequently, some external stakeholders are transferring to the outside stakeholders. In addition, displacement of decentralized scheme into markets could decline the social cost of external stakeholders to prevent sustainability of marine societies sufficiently.

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Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:adp:jofoaj:v:11:y:2019:i:1:p:13-16

DOI: 10.19080/OFOAJ.2019.11.555805

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