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dc.contributor.authorMcElroy, Jerome L.-
dc.contributor.authorMedek, Kimberly J.-
dc.identifier.citationMcElroy, J. L., & Medek, K. J. (2012). Small island economies: Caribbean versus Pacific. Occasional Papers on Islands and Small States, 4, 1-16.en_GB
dc.description.abstractAfter a review of the small island economy literature, this study compares the average performance of 16 Caribbean versus 15 mainly Pacific islands with three from the Indian Ocean. Mean difference analysis is employed across 22 socio-economic and demographic variables. Results confirm previous research. The Caribbean outperforms the Pacific with higher per capita GDP and life expectancy and lower infant mortality and fertility. Different migration experiences discriminate the more dynamic Caribbean characterized by heavy immigration from the relatively stagnant Pacific marked by chronic emigration. The three determinants offered to account for these differences involve significant Caribbean advantages: geographic proximity to the major global markets, early post-war development of international tourism and offshore banking, and a longer and more intense period of colonisation that early on established basic infrastructure and market institutions.en_GB
dc.publisherUniversity of Malta. Islands and Small States Instituteen_GB
dc.subjectStates, Small -- Economic conditionsen_GB
dc.subjectIslands -- Economic conditions -- Case studiesen_GB
dc.subjectCaribbean Area -- Economic conditionsen_GB
dc.subjectPacific Area -- Economic conditionsen_GB
dc.titleSmall island economies : Caribbean versus Pacificen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holderen_GB
dc.publication.titleOccasional Papers on Islands and Small Statesen_GB
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