SHS Web Conf.
Volume 58, 2018GLOBMAR 2018 - Global Maritime Conference
|Number of page(s)||6|
|Published online||03 December 2018|
External effects in the maritime sector leading to new economic perspectives.
Our present economic system is facing some real challenges. It is a so-called linear system like “take-make-use-lose”. Sustainable economic development requires valuing (environmental) resources correctly and factoring them into production and consumption decisions. Having a focus on the economic production process, external effects do not seem to fit in the linear system. So-called external effects are not included in economic models, business decisions etc. External effects like the Sustainable Development goals and legal actions in court are of growing importance for economic developments ranging from port development to design of ships and logistics. The distinction Economic Capital, Social Capital and Natural Capital is helpful in creating consciousness about the concept of circular economy. Nature provides tools, systems and knowledge from 3.8 billion years of evolution that will enable us to enter and develop new circular economic developments, to develop real "green ports”; to combine divergent functions in a smart way.
Key words: Externalities / Legal actions / Biomimicry / Sustainable economic growth / Circular economy / Doughnut economics / Green port development
© The Authors, published by EDP Sciences, 2018
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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