Latin American and Caribbean regional perspective on Ecosystem Based Management (EBM) of Large Marine Ecosystems goods and services

2017 ◽  
Vol 22 ◽  
pp. 9-17 ◽  
Author(s):  
Norma Patricia Muñoz Sevilla ◽  
Maxime Le Bail
Keyword(s):  
Latin American ◽  
Marine Ecosystems ◽  
Large Marine Ecosystems ◽  
Goods And Services ◽  
Ecosystem Based Management ◽  
Latin American And Caribbean ◽  
Regional Perspective

scholarly journals Capital mobility in Latin American and Caribbean countries: new evidence from dynamic common correlated effects panel data modeling

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Vasudeva N. R. Murthy ◽  
Natalya Ketenci
Keyword(s):  
Panel Data ◽  
Error Correction ◽  
Latin American ◽  
Capital Mobility ◽  
Goods And Services ◽  
Stochastic Trends ◽  
Long Run ◽  
Common Correlated Effects ◽  
Short Run ◽  
Latin American And Caribbean

AbstractThis study investigates the degree of capital mobility in a panel of 16 Latin American and 4 Caribbean countries during 1960 to 2017 against the backdrop of the Feldstein-Horioka hypothesis by applying recent panel data techniques. This is the first study on capital mobility in Latin American and Caribbean countries to employ the recently developed panel data procedure of the dynamic common correlated effects modeling technique of Chudik and Pesaran (J Econ 188:393–420, 2015) and the error-correction testing of Gengenbach, Urbain, and Westerlund (Panel error correction testing with global stochastic trends, 2008, J Appl Econ 31:982–1004, 2016). These approaches address the serious panel data econometric issues of cross-section dependence, slope heterogeneity, nonstationarity, and endogeneity in a multifactor error-structure framework. The empirical findings of this study reveal a low average (mean) savings–retention coefficient for the panel as a whole and for most individual countries, as well as indicating a cointegration relationship between saving and investment ratios. The results indicate that there is a relatively high degree of capital mobility in the Latin American and Caribbean countries in the short run, while the long-run solvency condition is maintained, which is due to reduced frictions in goods and services markets causing increase competition. Increased capital mobility in these countries can promote economic growth and hasten the process of globalization by creating a conducive economic environment for FDI in these countries.

Sustainable development of Latin American and the Caribbean Large Marine Ecosystems

2017 ◽  
Vol 22 ◽  
pp. 1-8 ◽  
Author(s):  
Kenneth Sherman ◽  
Norma Patricia Muñoz Sevilla ◽  
Porfirio Álvarez Torres ◽  
Betsy Peterson
Keyword(s):  
Sustainable Development ◽  
Latin American ◽  
Marine Ecosystems ◽  
Large Marine Ecosystems ◽  
The Caribbean

scholarly journals The application of satellite remote sensing for assessing productivity in relation to fisheries yields of the world's large marine ecosystems

2011 ◽  
Vol 68 (4) ◽  
pp. 667-676 ◽  
Author(s):  
Kenneth Sherman ◽  
John O'Reilly ◽  
Igor M. Belkin ◽  
Christopher Melrose ◽  
Kevin D. Friedland
Keyword(s):  
Remote Sensing ◽  
Satellite Remote Sensing ◽  
Management Practices ◽  
The United States ◽  
Marine Ecosystems ◽  
Global Networks ◽  
Large Marine Ecosystems ◽  
Goods And Services ◽  
Current Period ◽  
Biomass Yields

Abstract Sherman, K., O'Reilly, J., Belkin, I. M., Melrose, C., and Friedland, K. D. 2011. The application of satellite remote sensing for assessing productivity in relation to fisheries yields of the world's large marine ecosystems. – ICES Journal of Marine Science, 68: 667–676. In 1992, world leaders at the historical UN Conference on Environment and Development (UNCED) recognized that the exploitation of resources in coastal oceans was becoming increasingly unsustainable, resulting in an international effort to assess, recover, and manage goods and services of large marine ecosystems (LMEs). More than $3 billion in support to 110 economically developing nations have been dedicated to operationalizing a five-module approach supporting LME assessment and management practices. An important component of this effort focuses on the effects of climate change on fisheries biomass yields of LMEs, using satellite remote sensing and in situ sampling of key indicators of changing ecological conditions. Warming appears to be reducing primary productivity in the lower latitudes, where stratification of the water column has intensified. Fishery biomass yields in the Subpolar LMEs of the Northeast Atlantic are also increasing as zooplankton levels increase with warming. During the current period of climate warming, it is especially important for space agency programmes in Asia, Europe, and the United States to continue to provide satellite-borne radiometry data to the global networks of LME assessment scientists.

scholarly journals Navigating the Complexity of Regional Ocean Governance Through the Large Marine Ecosystems Approach

2021 ◽  
Vol 8 ◽  
Author(s):  
Natalie Degger ◽  
Andrew Hudson ◽  
Vladimir Mamaev ◽  
Mish Hamid ◽  
Ivica Trumbic
Keyword(s):  
Oil And Gas ◽  
Marine Ecosystem ◽  
Scientific Information ◽  
Practical Method ◽  
Marine Ecosystems ◽  
Lessons Learned ◽  
Large Marine Ecosystems ◽  
Ecosystem Based Management ◽  
Ocean Governance ◽  
Wide Range

Governance is a multifaceted and complex process, involving a wide range of stakeholders from numerous institutions and individuals with different interests, agendas and sets of skills. A number of barriers exist for states to work together on securing their shared coastal and marine ecosystems, with discussions often becoming clouded when disputes arise over Exclusive Economic Zones, borders, oil and gas resources, continental shelves, maritime transport, and fisheries. Over the last twenty-six years, the Global Environment Facility’s (GEF) International Waters focal area has utilized the Large Marine Ecosystem (LME) approach to navigate the complex problems related to transboundary issues affecting the world’s marine ecosystems, of which forty-one out of sixty-six are shared (62%) by one or more countries. To overcome the disputes and assumptions about the intentions of neighboring states, the GEF developed the Transboundary Diagnostic Analysis-Strategic Action Programme (TDA-SAP) assessment and strategic planning processes to help countries learn how to work together and build trust. This formal and inclusive process analyses all pertinent factual and scientific information to set priorities for action. This practical method for integrating science into management has provided an effective approach to inform and advance sustainable LME management and governance regimes; however, there is not a one size fits all approach. This review presents six examples from the GEF International Waters portfolio that demonstrate how the LME Approach and TDA-SAP process have helped countries find the best way to mainstream ecosystem-based management approaches into existing contexts and politics. While these examples span a wide range of different settings (geographic, political, socio-economic, temporal), they have all applied the LME Approach and TDA-SAP process to tackle complex regional ocean governance issues. Each example provides a historical perspective, the key results achieved, and their unique lessons learned/best practices. Furthermore, the review identifies some of the overall shortcomings of the process and the common lessons learned, underscoring the complex and daunting challenge of achieving effective governance for multi-country LMEs. The experience provided by these examples shows that practical ecosystem-based management of the ocean and its coasts not only requires flexibility and adaptability, but also time, associated long-term vision and commitment.

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