Surfers of the ocean waves: Change management, intersectoral migration and the economic development of small island states

This paper argues that there is a need to better acknowledge and problematise the manner in which individuals, households, organisations and governments in small island jurisdictions develop mechanisms that allow them to exploit the benefits, and/or minimise the losses, of episodic economic lurches....

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Veröffentlicht in:Asia Pacific viewpoint 2011-12, Vol.52 (3), p.236-246
1. Verfasser: Baldacchino, Godfrey
Format: Artikel
Sprache:eng
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Zusammenfassung:This paper argues that there is a need to better acknowledge and problematise the manner in which individuals, households, organisations and governments in small island jurisdictions develop mechanisms that allow them to exploit the benefits, and/or minimise the losses, of episodic economic lurches. A ‘strategic flexibility’ approach is proposed to explain how actors practise intersectoral migration: cleverly shifting focus, interest and scope, not just out of necessity (reactively) but in ‘smelling’ promising opportunities (proactively). In a scenario where change is taken as a given, managing and coping with such change become the hallmarks of economic survival: just like surfers handling the ocean swell.
ISSN:1360-7456
1467-8373
DOI:10.1111/j.1467-8373.2011.01456.x