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1 – 10 of 196The purpose of this paper is to present a case study of Curaçao as a small island coping with globalization and to contribute to the development of a framework to discuss…
Abstract
Purpose
The purpose of this paper is to present a case study of Curaçao as a small island coping with globalization and to contribute to the development of a framework to discuss globalization and corporate governance.
Design/methodology/approach
The paper starts to integrate three scenarios: globalization, the paradigmatic approach of corporate governance, and the categorization of organizations. This framework is then applied to the case of Curaçao.
Findings
Globalization of Curaçao involves the introduction of the Anglo‐American model of governance into several actors. This is a major change that the society finds difficult adapting to. A significant part of the population is at risk of being excluded.
Originality/value
The paper contributes to a multi‐paradigm approach to corporate governance, and in analyzing the globalization of small islands.
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The purpose of this paper is to present a case study of the creative class of Curaçao, which is a small Caribbean island coping with globalisation. The paper will contribute to…
Abstract
Purpose
The purpose of this paper is to present a case study of the creative class of Curaçao, which is a small Caribbean island coping with globalisation. The paper will contribute to the development of a framework for the discussion of the Creative Economy.
Design/methodology/approach
The paper contributes to the development of a framework for understanding the Creative Economy. This framework is then applied to the case of Curaçao. After analysis, conclusions are drawn.
Findings
In Curaçao there are many conditions present which support the development and creation of the creative class or attract it from other locations. On the other hand, policies should be put in place to retain the creative class. The theories and methods relating to the creative class are not yet fully developed.
Originality/value
The paper contributes to a framework for understanding the Creative Economy of small Caribbean islands.
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Keywords
– This study aims to investigate growth differentials among small islands and the impact of tourism specialization on the growth and the economic performance of small islands.
Abstract
Purpose
This study aims to investigate growth differentials among small islands and the impact of tourism specialization on the growth and the economic performance of small islands.
Design/methodology/approach
The study is based on trade theory and uses data from a panel of small islands for 1995-2007. It applies panel regression and standard time series methods combined with a qualitative approach.
Findings
Small islands experienced stronger basic patterns of growth than many developed countries, especially where economies of scale are not an issue. The findings further suggest that tourism specialization is not harmful to growth, and, in lieu of technological gaps and resource limitations, tourism specialization is a sound option. Size, a lack of complete sovereignty or independence and export orientation do not seem to affect the variance in the real per capita GDP at a greater degree. Finally, small islands may leverage returns to scale in global markets.
Research limitations/implications
While tourism specialization is assumed to enhance growth, in the case of small island destinations, the study did not formally test whether increased terms-of-trade may be perpetually improved.
Practical implications
The study prompted four policy suggestions: small island economies should engage in tourism specialization; small island economies should allocate more resources to the tourism industry than other economic sectors; the success of tourism specialization does not depend exclusively on comparative advantage; and institutional realities and path dependence may play a role in economic performance.
Originality/value
The originality of this study lies in the detection of a paradox in mainstream economics that indicates that small islands may not enjoy sustained economic growth. The detection led to a surprising discovery that tourism specialization may propel growth. The value of the study is twofold: theoretical value is added by suggesting a reconceptualization of the construct capital; and, practical value is strengthened in the sense that tourism specialization may only work under a condition where upon tourism offerings command higher prices than other commodities.
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Miguel Goede, Rostam J. Neuwirth and G. Louisa
The purpose of this paper is to present a case study of the creation of a Knowledge Zone (K‐Zone) in Curaçao to provide an insight into how a Knowledge Zone is established. After…
Abstract
Purpose
The purpose of this paper is to present a case study of the creation of a Knowledge Zone (K‐Zone) in Curaçao to provide an insight into how a Knowledge Zone is established. After devising a vision, strategic alliances were formed. This created synergy and momentum, giving the project and process a life of their own.
Design/methodology/approach
The project of creating a K‐Zone is based on a theoretical framework which draws upon the notion of a creative class, and how it can be attracted to a specific location. It also deploys change management methodology, which describes how change is implemented. The theory states that creativity will drive the economy in the future and that societies that are able to attract the creative class will excel. It is not clear what attracts the creative class but it is believed that a certain life style, concentrations of peers and virtual and physical connectivity are essential. To create these conditions some changes must be implemented and these changes are often resisted in the beginning.
Findings
Knowledge Zones can be created if there is a clear shared vision, leadership and alliances that forge synergies. The project was started in 2010 by the UNA under the presidency of Dr Miguel Goede, the Rector Magnificus of the University of the Netherlands Antilles. With the support of the Board of Supervisors, the UNA entered/sought alliances with the nearby Carmabi Research Institute and the neighbouring school for nurses, which opened a new school building within the designated zone. The UNA also provided the impetus to start a campaign to construct a new hospital that was planned for the area neighbouring the university and to start a school of medicine. But the breakthrough came when the local telecom provider, United Telecommunication Services (UTS), decided to provide the university with dedicated internet connections that were capable of the highest speed available on the island.
Originality/value
The paper contributes to a framework for understanding the creative economy of Small Islands Developing States (SIDS) in the Caribbean and how change can be implemented in these settings.
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The purpose of this paper is to compare the case of Curaçao, as a small island coping with globalization, with Singapore, Barbados, New Zealand, Ireland, and Aruba and to…
Abstract
Purpose
The purpose of this paper is to compare the case of Curaçao, as a small island coping with globalization, with Singapore, Barbados, New Zealand, Ireland, and Aruba and to contribute to the development of a framework for discussing globalization and economic development strategies for small islands.
Design/methodology/approach
The study and the paper follow the inductive line of reasoning, starting by comparing the current situation of six countries – Singapore, Barbados, New Zealand, Ireland, Aruba, and Curaçao. Next the six countries are placed in their respective social, economic, and historical contexts. Then the paper explores what Curaçao can learn from the other six countries by applying the framework of spiral dynamics and the eight‐stage process for creating major change.
Findings
Curaçao can look at other countries and learn a great deal, but Curaçao cannot copy the model of another country and implement it. This is because of the differences between the various exemplars, particularly in the starting position and the changes that have taken place in the world, which make the case of Curaçao unique. Curaçao will have to develop its own model.
Originality/value
The paper contributes to the analysis of globalization of small islands.
Details
Keywords
– The purpose of this article is to discuss transnational organized crime (TOC) and the relationship to good governance in the Caribbean.
Abstract
Purpose
The purpose of this article is to discuss transnational organized crime (TOC) and the relationship to good governance in the Caribbean.
Design/methodology/approach
This paper is exploratory. It follows a path of inductive reasoning, from observation of the eight global cases to a broader general analysis and the development of a theoretical framework or ideal type.
Findings
The influence of TOC on governance in the Caribbean is worrying. Normative theories of democracy, public administration and governance no longer apply. Economic growth diminishes, unemployment rises, crime rises.
Originality/value
The paper contributes to the understanding of the impact of TOC on good governance especially on Small Island Developing States in the Caribbean.
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Keywords
Miguel Goede and Gunnar Louisa
The purpose of this paper is to present a case study of the development of a “Creative Zone” in the area of Scharloo and Pietermaai, two integral parts of Willemstad, UNESCO World…
Abstract
Purpose
The purpose of this paper is to present a case study of the development of a “Creative Zone” in the area of Scharloo and Pietermaai, two integral parts of Willemstad, UNESCO World Heritage Site (Curaçao), to gain insight into the dynamics and possibilities of the zone. This paper also serves to develop the concept of a creative zone with different stakeholders – including government – by creating synergy and momentum, giving the project or process a life of its own.
Design/methodology/approach
The project of creating a creative zone is based on a theoretical framework used to assess the factors that create a creative zone. Using the framework, an assessment of the Scharloo and Pietermaai zone is made to frame discussion of the further development of the zone.
Findings
The area Scharloo and Pietermaai in Curaçao has all the ingredients to become a creative zone, especially in the context of further enhancing Curaçao's tourist product. This is the case for traditional tourists, but is also true for a large group of foreign students who serve their apprenticeship on the island. However, necessary efforts must be made – especially by the creative industries in the zone – to establish a forum, leadership and a network to develop the creative zone. The participation of the government has to be acknowledged, taking into consideration the role that government plays in creating the right conditions, for example by improving the infrastructure. Finally, there must be a mutual effort to assess and sustain the creative process on the part of all stakeholders. An important finding is that a part of the zone could be denominated by creative industry, because so many tour operators organize visits to the Scharloo area as a showcase for cultural heritage. The visitors can experience, taste and feel this creativity.
Originality/value
The paper contributes to a framework for analyzing the creative economy of Caribbean Small Islands Developing States and how continuous improvement can be achieved to create more added value in the economy.
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The purpose of this paper is to describe an example of populism in the Caribbean. Populism is a worldwide phenomenon but little has been published about the development of…
Abstract
Purpose
The purpose of this paper is to describe an example of populism in the Caribbean. Populism is a worldwide phenomenon but little has been published about the development of populist politics in the Caribbean region, where it may find a unique expression.
Design/methodology/approach
This study is based on an analysis of the popular media, which were monitored from January 2010 until October 2011. The discourse and presentations of politicians were examined and analyzed. The resulting analyses were shared and debated with political observers and other stakeholders. An early draft of this paper was reviewed by a number of peers who added some critical insights1.
Findings
Populism in the Caribbean is an important phenomenon, because the region has all of the conditions that are necessary for it to thrive.
Originality/value
The paper contributes to the analysis of populism in small Caribbean islands.
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Keywords
The purpose of this paper is to explore beyond the knowledge economy and venture into the wise society.
Abstract
Purpose
The purpose of this paper is to explore beyond the knowledge economy and venture into the wise society.
Design/methodology/approach
The paper is a review of existing publications and original thinking.
Findings
The word is at the dawn of the wise society. Science and universities have a crucial role to play on the path towards such a society.
Originality/value
The paper contributes to the understanding and the development from knowledge to wisdom.
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Keywords
Miguel Goede and Rostam J. Neuwirth
– The purpose of this article is to discuss the concepts confidentiality and transparency in the context of good governance.
Abstract
Purpose
The purpose of this article is to discuss the concepts confidentiality and transparency in the context of good governance.
Design/methodology/approach
After exploring the concepts of confidentiality, good governance and other relevant concepts, they are related to each other.
Findings
When it comes to good governance, transparency is overrated and confidentiality is taken for granted. For good governance, there must be a balance between the two to preserve the public sphere.
Originality/value
The paper contributes to the understanding of good governance and the evolution of the public sphere.
Details