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The Space Economy at a Glance 2014

image of The Space Economy at a Glance 2014

The space sector plays an increasingly pivotal role in the functioning of modern societies and their economic development as the use of satellite technology gives rise to new applications, uses and markets. Space Economy at a Glance offers a statistical overview of the global space sector and its contributions to economic activity using data from over 40 countries with space programmes, and identifies new dynamics in the space sector.

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Regulatory framework

The legal and regulatory framework determines the rules according to which space actors operate. During the 1960s and 1970s, a set of international treaties and principles was enacted establishing the peaceful uses and non-appropriation of outer space. Based on this regime, governments are liable under international space law whenever a space object is launched from their territory, even if it is by a private entity. This international regime is therefore complemented by national space laws, to mitigate the risks for governments involved in space activities with an appropriate national licensing structure that regulates institutional and private space activities taking place on their soil.

English

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