Le développement par la rente dans les petites économies insulaires
Bernard Poirine
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Abstract:
Small island economies are often dependent on external rents: military base, administrative assistance, migrant remittances. This causes a form of Dutch disease, which impairs the competitiveness of their economies. Using the theory of international trade theory, the article shows that island economies have a comparative advantage in supplying and exporting non-market (geostrategic or diplomatic) services in exchange for financial assistance to help finance imports manufactured goods and energy. This informal form of international exchange benefits both parties, providing better productivity in the production of military or diplomatic services to the large country, and a better standard of living in small island country or territory.
Keywords: Small island economies; syndrome hollandais: international trade; Petites économies insulaires; syndrome hollandais; DOM-COM; échange international (search for similar items in EconPapers)
Date: 1993-11-01
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Citations: View citations in EconPapers (4)
Published in Revue Economique, 1993, 44 (6), pp.1169-1199
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Journal Article: Le développement par la rente dans les petites économies insulaires (1993) 
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00974442
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