Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE
The MIRAB model developed by Bertram and Watters, based on remittances and aid, has dominated the small island economy literature for two decades. Recently, two challenges have surfaced: the PROFIT formulation emphasizing domestic policy flexibility - a so-called ‘resourcefulness of jurisdiction’ -...
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| Format: | Article |
| Language: | English |
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Island Studies Journal
2007-11-01
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| Series: | Island Studies Journal |
| Subjects: | |
| Online Access: | http://www.islandstudies.ca/system/files/u2/ISJ-2-2-2007-Oberst-McElroy-pp163-176.pdf |
| _version_ | 1818913392156475392 |
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| author | Ashley Oberst Jerome L. McElroy |
| author_facet | Ashley Oberst Jerome L. McElroy |
| author_sort | Ashley Oberst |
| collection | DOAJ |
| description | The MIRAB model developed by Bertram and Watters, based on remittances and aid, has dominated the small island economy literature for two decades. Recently, two challenges have surfaced: the PROFIT formulation emphasizing domestic policy flexibility - a so-called ‘resourcefulness of jurisdiction’ - and a dynamic private sector (Baldacchino, 2006); and the SITE model, stressing the role of tourism (McElroy, 2006). To date, there has been no comparative assessment of these different island models. This article addresses this gap. Its point of departure is to consider SITE islands as a subspecies of the PROFIT cluster. It constructs comprehensive profiles across 27 socio-economic and demographic variables for two island sub-groups with populations of less than three million: 23 MIRAB and 35 PROFIT-SITE. Results indicate PROFIT-SITE islands are much more affluent, socially advanced and demographically mature than their MIRAB counterparts. |
| first_indexed | 2024-12-19T23:29:45Z |
| format | Article |
| id | doaj.art-468e8245ac9146ff9a4a747df9701395 |
| institution | Directory Open Access Journal |
| issn | 1715-2593 |
| language | English |
| last_indexed | 2024-12-19T23:29:45Z |
| publishDate | 2007-11-01 |
| publisher | Island Studies Journal |
| record_format | Article |
| series | Island Studies Journal |
| spelling | doaj.art-468e8245ac9146ff9a4a747df97013952022-12-21T20:01:46ZengIsland Studies JournalIsland Studies Journal1715-25932007-11-0122163176Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITEAshley OberstJerome L. McElroyThe MIRAB model developed by Bertram and Watters, based on remittances and aid, has dominated the small island economy literature for two decades. Recently, two challenges have surfaced: the PROFIT formulation emphasizing domestic policy flexibility - a so-called ‘resourcefulness of jurisdiction’ - and a dynamic private sector (Baldacchino, 2006); and the SITE model, stressing the role of tourism (McElroy, 2006). To date, there has been no comparative assessment of these different island models. This article addresses this gap. Its point of departure is to consider SITE islands as a subspecies of the PROFIT cluster. It constructs comprehensive profiles across 27 socio-economic and demographic variables for two island sub-groups with populations of less than three million: 23 MIRAB and 35 PROFIT-SITE. Results indicate PROFIT-SITE islands are much more affluent, socially advanced and demographically mature than their MIRAB counterparts.http://www.islandstudies.ca/system/files/u2/ISJ-2-2-2007-Oberst-McElroy-pp163-176.pdfsmall island economyMIRABPROFITSITE |
| spellingShingle | Ashley Oberst Jerome L. McElroy Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE Island Studies Journal small island economy MIRAB PROFIT SITE |
| title | Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE |
| title_full | Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE |
| title_fullStr | Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE |
| title_full_unstemmed | Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE |
| title_short | Contrasting Socio-Economic and Demographic Profiles of Two, Small Island, Economic Species: MIRAB versus PROFIT/SITE |
| title_sort | contrasting socio economic and demographic profiles of two small island economic species mirab versus profit site |
| topic | small island economy MIRAB PROFIT SITE |
| url | http://www.islandstudies.ca/system/files/u2/ISJ-2-2-2007-Oberst-McElroy-pp163-176.pdf |
| work_keys_str_mv | AT ashleyoberst contrastingsocioeconomicanddemographicprofilesoftwosmallislandeconomicspeciesmirabversusprofitsite AT jeromelmcelroy contrastingsocioeconomicanddemographicprofilesoftwosmallislandeconomicspeciesmirabversusprofitsite |