Port Phillip Bay is home to multiple formal and informal institutions across a variety of scales. Government stakeholders (Table 11) operate on larger scales and have a greater level of resources. Decisions on this scale tend to be more long term and reactionary. Formal institutions take time to set up studies and then implement their…
Management and Governance
Resilience is one approach to management. All forms of management require that stakeholders take action to alter the system or promote and sustain aspects deemed to be advantageous. Stakeholders in the Port Phillip Bay system are identifies in Table 8.
As discussed adaptive cycles function at a variety of scales. Each component of a system also has its own adaptive cycle and they are linked in a spatial and temporal context. Interactions between the cycles involves the sharing of information or matter and as long as transfers are maintained, the system overall is sustained. Systems…
The system has shown it is capable to attract more tourists and for longer periods of stay and this has led to an increase in the value of takings. Employment figures too have risen over the 2000-2009 period. Unemployed persons have remained steady and the trend for unemployment rates was, until 2008, down. The HPI…