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  • 标题:Small Island Economies: Caribbean versus Pacific
  • 本地全文:下载
  • 作者:Jerome L. McElroy ; Kimberly J. Medek
  • 期刊名称:Bank of Valletta Review
  • 印刷版ISSN:1017-7841
  • 出版年度:2012
  • 期号:46
  • 出版社:Bank of Valletta
  • 摘要:After 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 de terminants offered to account for these differences involve significant Caribbean advantages: (1) geographic proximity to the major global markets, (2) early post-war development of international tourism and offshore banking, and (3) a longer and more intense period of colonisation that early on established basic infrastructure and market institutions
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