ECONOMICAL RISK INDICATORS FOR MARINE ACCIDENTS
Abstract
This paper analyses the state of risk that should be measured by an effective monitoring system of marine accidents in the Black Sea from an economic and ecological point of view. The analysis is performed using a set of 15 ecological-economic indicators. Indicators represent a valid tool to support the decision making process in marine risk management. Economic indicators include 6 indicators on economic performance, 4 on productivity, 2 on costs and prices, and one general indicator summarizing economic sustainability. From the ecological point of view, 2 indicators plus one general indicator summarizing ecological sustainability are defined. Particular attention is devoted to the selection and analysis of sustainability indicators. The standard distinction among environmental, economic, and ecologic sustainability has been held in this paper. Keywords
ecological-economic indicators; reference points; marine accidents; monitoring system