Blue Economy vs. Green Economy: A Case Study for Sustainable Economy in India

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Author(s): Ananya Bhardwaj (Manipal University Jaipur, India)and Manas Roy (Marwadi University, Rajkot, India)
Copyright: 2025
Pages: 24
Source title: Securing Sustainable Futures Through Blue and Green Economies
Source Author(s)/Editor(s): Patricia Ordóñez de Pablos (University of Oviedo, Spain), Miltiadis D. Lytras (Computer Science Department, College of Engineering, Effat University, Saudi Arabia)and Sawsan Malik (Arab Open University, Kuwait)
DOI: 10.4018/979-8-3693-7893-9.ch008

Keywords: Business Science Reference / Economics and Economic Theory / Environment & Agriculture / Sustainable Development

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Abstract

“Green Economy”(GE) is “focuses on improving human well-being and reducing social inequity over the long-term, while not exposing future generations to significant environmental risks and ecological scarcities (UNEP)”. On the other hand, “Blue Economy” (BE) has been initially conceptualized in the year 2012 on the basis of the issues that governments faced in trying to balance their desire for fast economic development based on the ocean economy with the effects that this development process was having on the underlying ecosystems.

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