The 4th International Symposium on the Oceans in National Income Accounts, Qingdao, China, October 26-27, 2019

Date Released: 29 October 2019

Stephen Hynes 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 held in Qingdao, China, from October 26th to 27th, 2019 and was hosted by the National Maritime Data and Information Service of China and the Ocean University of China The purpose of this 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 research on measuring the value and contribution of marine and coastal tourism.

Pictured: 

Stephen Hynes with delegates from the National Marine Data and Information Service of China,  Yang Yi, Rui Zhao, Xiang Wenxi, Wang Xiaohui, and Song Weiling at the 4th International Symposium on the Oceans in National Income Accounts.