Date Time How five global regions could achieve a successful, equitable ‘Blue Economy’ The future of an equitable and sustainable global ocean, or “Blue Economy,” depends on more than natural or technological resources. A new study finds that socioeconomic and governance conditions such as national stability, corruption and human rights greatly affect different regions’ ability to achieve a Blue Economy – one that is socially equitable, environmentally sustainable and economically viable. A paper published March 17 in Nature by the University of Washington-based Nippon Foundation Ocean Nexus Center suggests how different parts of the world might begin to achieve these goals. “When ocean or coastal development is planned, decision-makers focus on available data to inform their decisions. The fact is, we have a lot more data about resources than about how development will actually impact the people who bear the risk and maintain the stewardship of the area,” said co-author Yoshitaka Ota, a UW research assistant professor of marine and environmental affairs.