Article
The Determinants of Maritime Policy
The paper is to explore the relation between national economic development and
the formulation of maritime policy. It collects and examines data from 30
maritime nations, and shows that maritime policy is determined by economic
circumstance rather than the result of rational decision of policy makers. A
general solution is produced for an optimum maritime policy under a given
economic condition. The general solution can serve as a benchmark for future
maritime policy making and research in general.