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NUIG participation at the 4th International Symposium on the Oceans, Qingdao, China

Pictured are some of the delegates and speakers at the 4th International Symposium on the Oceans in National Income Accounts, Qingdao, China, October 26-27, 2019

Stephen Hynes, MOSES project coordinator, participated in the 4th International Symposium on the Oceans in National Income Accounts. The theme of this year’s event was “Challenges and Measurements to Evaluate Marine Economy”. The symposium was hosted by the National Maritime Data and Information Service and the Ocean University of China in Qingdao, China, October 26-27, 2019. The purpose of the annual symposium is to explore how nations around the world are incorporating the economic value of the ocean into national income accounts. The symposium examines current issues in the measurement of ocean economic values, explores how economic uses of the oceans are rapidly changing, and how an understanding of the ocean’s contribution to national income can help sustain ocean resources and ecosystems.

Stephen discussed challenges to measuring marine tourism in ocean economy accounts and presented MOSES related research on measuring the value and contribution of marine and coastal tourism.