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Integrating Fisheries into the National Development Plans of Small Island Developing States (SIDS):
Ten Years from Barbados |
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Andy Thorpe, Professor
and Chris Reid, Professor |
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Department of Economics,
University of Portsmouth, United Kingdom;
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Raymon van Anrooy and Cecile
Brugere |
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Fishery Policy and Planning
Division, Fisheries Department, Food and Agriculture Organization
(FAO) Rome, Italy |
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The Potential Benefits of Agricultural Biotechnology and the Problems of European Attitudes to
Biotechnology for the Economies of Small Island Developing States |
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Yousouf Ismael, Research
Fellow; and Richard Bennett, Professor |
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Department of Agricultural
and Food Economics, The University of Reading, United
Kingdom |
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Malta in the EU – A success story of integration of an island economy in a regional bloc? |
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Leonard Mizzi, Director |
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Malta Business Bureau,
Brussels, Belgium |
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Labour Mobility for Sustainable Livelihood in Pacific Island States
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Satish Chand, Director,
Pacific Policy Project |
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Asia Pacific School of
Economics and Government, The Australian National University,
Canberra, Australia |
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Is there a Correct Way of Establishing Sustainability Indicators? The Case of Sustainability Indicator
Development on the Island of Guernsey |
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Patrick McAlpine (Research
Analyst) and Andrew Birnie, (Strategic Advisor) |
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Policy and Research Unit,
Policy Council, States of Guernsey, Channel Islands, United
Kingdom |
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Population and Economics – A Case Study of Mauritius |
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Vimla Hanoomanjee,
Consultant |
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Curepipe, Mauritius |
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Building a Favorable Business Environment for Sustainable Growth in a Small Island Economy:
The Case of Hong Kong |
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Chyau Tuan, Professor;
and Linda F.Y. Ng |
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Faculty of Business
Administration, The Chinese University of Hong Kong, Hong
Kong |
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Abstract |
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The building of a favorable
business environment (BE) is a key to facilitate the
successful operations of business at the microeconomic
level and to enhance economic growth and development
of an economy at the macroeconomic level. For a small
island economy endowed with limited natural resources
including land and labor that can significantly affect
economic growth and development, the concern of building
of a business friendly, economically and politically
stable environment to attract foreign investment has
become even a more critical issue. This paper intends
to investigate the factors determining a favorable BE
which contributes to the social-economic development
in a small, open economy with specific reference to
Hong Kong as an example. |
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Based on a model of Pyramid
of City Competitiveness (PCC) (Tuan and Ng, 2002), a conceptual
sketch of the favorability of BE was constructed. To depict
a BE, two major dimensions, namely, (1) base for sustainable
economic growth and (2) investment environment, consisting
of five major components with 13 environmental factors
and 30 indicators (measurements) were designed with the
aid of the Indicator Systems for National Competitiveness
as suggested by World Economic Forum (WEF, 1999) and Institute
of International Management Development (IMD, 1999). The
five major components studied were production factors,
existing economic base, policy for social-economic development,
environment for business operations, and environment for
living. To evaluate the degree of favorability of BE,
a structuralized questionnaire was designed to collect
the business opinions of CEOs from both local and multinational
firms in Hong Kong in late 2003. |
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Major survey results suggest
that, given the close economic linkage of the island and
its hinterland, the BE of Hong Kong was generally considered
as highly satisfactory with a slightly higher satisfactory
score being awarded toward the investment environment
dimension. By environmental factors, the outperformed
environmental factors particularly associated with the
“soft” components, such as business culture,
rule of law, administration of economic affairs, openness,
and environment for entrepreneurship; and the “hard”
components, such as infrastructure and living facilities,
had made the small island economy, Hong Kong, flourished
as an international financial, trading, and tourism center.
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Important lessons to be
drawn from this case regarding the development and sustained
growth of other small island developing states may include
the followings: (1) given the blessings of a hinterland
of the small island economy, Hong Kong, and the close
economic linkages, an “expansion” of the small
island’s economic and resource base into its hinterland
is made possible; (2) with its excellent physical infrastructure,
the small island has evolved into a regional transportation
and trading hub subject to its strategic geographical
location; (3) the favorable “soft” and “hard”
components particularly in business culture and rule of
law also facilitate its success as an international tourism
and offshore regional financial center; and (4) the favorable
business environment not only attracts both domestic and
foreign investments which are critical for growth, but
further promotes the small island’s role as a strategic
location of regional headquarters for MNCs. Implications
with regard to further improvements on the part of the
environmental determinants/factors in enhancing the island’s
critical role and sustainable development were also discussed. |
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Taking More than it Gives?
Implications of Tourism for the Sustainability of Caribbean Small Island Developing States |
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Elizabeth Thomas-Hope,
Professor; and Adonna Jardine-Comrie |
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Department of Geography
and Geology, University of the West Indies, Kingston, Jamaica |
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Emerging shades of green marketing conscience among the population of a small island economy-
a case study of Mauritius
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Thanika Devi
Juwaheer, Senior Lecturer and Head, Department of Management |
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Faculty of Law and Management,
University of Mauritius, Reduit Mauritius |
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Abstract |
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In recent
decades, the population of Mauritius comprising both
consumers and producers have expressed increasing concern
about the environmental impact of products Considerable
attention has been directed toward green products such
as organic foods, recyclable paper, phosphate-free detergents,
energy-efficient lighting. Consumer attitudes to nutrition
and healthy foods and sensitivity to environmental issues
have also been found to be influential in Mauritius.
The present study reviews the changes and attitudes of
the population toward business and the environment and
explores the demand and supply characteristics of green
products in Mauritius. |
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Two main surveys
were conducted. The purpose of the first survey was to
investigate the awareness and intention of the Mauritian
population to purchase green products, their consumers'
perceptions and attitudes toward green products, and reasons
that hinder the purchase of these products. The second
survey was directed at the company executives and its purpose
was to examine their attitudes toward green versus conventional
products, and the challenges they are facing in marketing
green products in Mauritius. This research provides information
on green marketing practices of firms in Mauritius. It
focuses on areas where companies need to concentrate and
the ways they can effectively deploy a Green Marketing
strategy. It addresses a comprehensive review on the concept
of green marketing among companies in Mauritius, its foundation
as well as its development. The various implications of
using green marketing practices by firms are also discussed. |
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The
present research also provides information on a study,
which assessed the potential of the environmental market
in Mauritius. The purpose of this exploratory study was
to determine the environmentally friendliness of 1000 respondents
in Mauritius and establish consumer perceptions of these
products. One of the main findings of the research was
that’ green'
products have achieved substantial awareness among consumers
and they are no longer regarded as a gimmick or a fad.
. Looking to the future of green marketing in Mauritius,
it examines the dynamic nature of ecologically conscious
consumer behavior. Making a substantial long- term commitment
to the environment in Mauritius can dramatically improve
the public’s attitudes towards the business community
as well. The paper concludes with the managerial implications
of the findings and addresses both companies’ and
consumers’ perceptions of the future of green marketing
in Mauritius. |
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