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Facilitation of the blue economy development is a priority field not only in the EU, but also in Latvia. The blue economy enhances a coordinated use of marine resources with the necessity to ensure economic growth and employment. Seas and oceans stimulate the European economy, in addition, they are characterized by a big innovative and growth potential. The importance of the blue economy in the sustainable development of the economy of the EU countries is significantly increasing and provides for considerable cont...

In the development of Latvia?s economy fisheries industry has always played a significant role, especially in development of the Baltic Sea and Riga Gulf coastline area. The fisheries industry has not only a long-standing history and traditions, but also an internal development potential and the ability to produce competitive products in the world market. The aim of the research is to reflect the diversity and competitiveness of the product in the Latvian fisheries industry. On the grounds of the methodology offer...

In the modern economy competitiveness is put forward as one of the conditions for economic recovery. In order a sector to be competitive and viable in the long term, and to significantly succeed in its activity over time, it has to be ensured with financial stability. The aim of the research is to assess the financial stability in the Latvian fisheries sector. On the ground of the assessment methodology offered by the author and guiding by the available data and their quality, the author analyzes the financial sta...

In the understanding of the world economy, production factors are natural resources, capital, labour, undertaking and information. Availability and quality of the production factors in time is limited in proportion to the needs, consequently rational and efficient use of production factors play a significant role. The aim of the research is to reflect the availability and quality of the production factors in the Latvian fisheries sector. On the grounds of the methodology offered by the author and guiding by the av...

Fishing opportunities of Latvia are based on the long-term research of environment and fish resources at national and international level. Environmental pollution, unfavourable spawning conditions as well as intensive fishing and other factors have negative influence upon the state of the fish stocks. As a result of stock fluctuation and changes in fishing quotas allocated annually at the EU level, Latvian fishery companies have difficulties to plan their future activities; consequently, increasing attention is be...

. Clusters are one of the main priorities in consolidation and development of innovations in Europe. Strengthening the competitiveness of the Latvian fisheries sector cluster is in the basis for achievement of the goals of the EU Common fisheries policy and management of the proper policy in the sector, which can facilitate growth of the state's economy, especially development of the areas important for fisheries. The aim of the research is to give a general insight into the Latvian fisheries sector cluster and it...

In Latvia, aquaculture is evaluated as highly productive, competitive and environment-friendly sector, having an internal self-development potential, which should be used in full. Economic breakthrough in the fisheries in the EU and in Latvia is related to aquaculture sector; consequently, facilitation of its competitiveness plays a significant role. The aim of the research is to evaluate the competitiveness of Aquaculture Sector in Latvia. Based on the author developed Model of the Factors influencing Competitive...