000163698 001__ 163698
000163698 005__ 20180122231647.0
000163698 0247_ $$2Other$$aISSN: 1442-8563
000163698 037__ $$a1745-2016-141010
000163698 041__ $$aen_US
000163698 084__ $$aP4
000163698 084__ $$aO1
000163698 084__ $$aO2
000163698 245__ $$aThe MIRAB Model of Small Island Economies in the Pacific and their Security Issues: A Draft
000163698 260__ $$c2014-01
000163698 269__ $$a2014-01
000163698 270__ $$mc.tisdell@economics.uq.edu.au$$pTisdell, Clem
000163698 300__ $$a20
000163698 336__ $$aWorking or Discussion Paper
000163698 490__ $$aSocial Economics, Policy and Development
000163698 490__ $$a57
000163698 520__ $$aThe MIRAB economic model of Pacific island microstates was developed in the mid-1980s by the New Zealand economists, Bertram and Watters, and dominated the literature on the economics of small island nations until alternative models were proposed two decades later. Nevertheless, it is still an influential theory. MIRAB is an acronym for migration (MI), remittance (R) and foreign aid (A) and the public bureaucracy (B); the main components of the MIRAB model. The nature of this model is explained and the importance of distinguishing between the two processes involved in it (one based on foreign aid and the other on overseas remittance) is emphasised. Evidence is given of the importance of migration and overseas remittance for the functioning of some Pacific island microstates, such as Tonga. Yet, it is argued that no single model adequately typified the economic situations of Pacific microstates because of their diversity. Even economies that have been classified as MIRAB economies can be very different. The newer SITE and PROFIT models have similar limitations. In order to understand adequately the economic situation of Pacific island microstates (including their economic vulnerability, their sustainability, and political merchantabilities), it is necessary to take a more holistic approach which takes account of historical, cultural and environmental factors. This is illustrated by the case of Nauru.
000163698 542__ $$fLicense granted by Clem Tisdell (c.tisdell@economics.uq.edu.au) on 2014-02-11T04:46:33Z (GMT):
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000163698 650__ $$aCommunity/Rural/Urban Development
000163698 650__ $$aConsumer/Household Economics
000163698 650__ $$aFood Security and Poverty
000163698 650__ $$aInternational Development
000163698 650__ $$aLabor and Human Capital
000163698 650__ $$aPolitical Economy
000163698 6531_ $$aAid
000163698 6531_ $$aeconomics of small island nations
000163698 6531_ $$amigration
000163698 6531_ $$aMIRAB model
000163698 6531_ $$aNauru
000163698 6531_ $$aPacific island microstates
000163698 6531_ $$asea level rise
000163698 6531_ $$aremittances.
000163698 700__ $$aTisdell, Clem
000163698 8564_ $$s155462$$uhttp://ageconsearch.umn.edu/record/163698/files/WP%2057.pdf
000163698 887__ $$ahttp://purl.umn.edu/163698
000163698 909CO $$ooai:ageconsearch.umn.edu:163698$$pGLOBAL_SET
000163698 912__ $$nSubmitted by Clem Tisdell (c.tisdell@economics.uq.edu.au) on 2014-02-11T04:52:53Z
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Previous issue date: 2014-01
000163698 982__ $$gUniversity of Queensland>School of Economics>Social Economics, Policy and Development Working Papers
000163698 980__ $$a1745
