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Micro States Economics. The MIRAB and SITE/PROFIT Model - Paperback NEW Timo Mue

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Laatst bijgewerkt op 29 mei 2024 16:14:46 CESTAlle herzieningen bekijkenAlle herzieningen bekijken

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Objectstaat
Nieuw: Een nieuw, ongelezen en ongebruikt boek in perfecte staat waarin geen bladzijden ontbreken of ...
Weight
68
Subjects
Business, Economics & Industry
Pages
76 Pages
Size
H:210mm, W:
Topic
Business
Book Title
Micro States Economics. The MIRAB and SITE/PROFIT Model in Europ
ISBN
9783668543461
Publication Year
2017
Type
Textbook
Format
Paperback
Language
English
Publication Name
Micro States Economics. the Mirab and Site/Profit Model in European Small States
Item Height
210mm
Author
Nils Rieckmann
Publisher
GRIN Verlag
Item Width
148mm
Subject
Business
Item Weight
45g
Number of Pages
26 Pages

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Product Information

Seminar paper from the year 2017 in the subject Economics - International Economic Relations, grade: 1,7, University of Goettingen, course: Micro States (Seminar), language: English, abstract: Being socioeconomically successful is a task in itself. However, being socioeconomically successful as a Small State seems to be a more difficult task. If you look at the gross domestic product per capita you might not find a correlation between a low GDP per capita and the smallness of a state. If you take a look at the GDP in absolute numbers you will find a correlation. GDP figures often cover up economic troubles which Small States experience. The problem consists in the higher vulnerability of Small States, in general and economic terms. Briguglio has pointed out how smallness hampers economic growth and/or makes it dependant on others. To give some examples: Small Economies depend on imports from foreign markets because their smallness prohibits the production of any goods beyond agriculture necessities. To benefit from the human productivity rise Small (Island) States often import more than they can export. As a result of that foreign investors are needed to survive the trade deficit in the long run. Moreover, Economies of Scale is not possible and the fix costs are relatively high. If the Small State is an island, remoteness makes the situation even more difficult. Large stocks are necessary and the per-unit transport costs are enormous. Especially Small Islands States are dependant on external markets and external financing if they want a living standard that is near to the average living standard of the world. The literature has mainly pointed out three strategies for tackling vulnerability as a Small Island State: The MIRAB Model, the SITE Model, the PROFIT Model. In particular Bertram and McElroy have put a lot of work into analysing and classifying these concepts. They mainly focussed on small island economies in the Caribic and in Oceania. That leads to the qu

Product Identifiers

Publisher
GRIN Verlag
ISBN-13
9783668543461
eBay Product ID (ePID)
7046569764

Product Key Features

Author
Nils Rieckmann
Publication Name
Micro States Economics. the Mirab and Site/Profit Model in European Small States
Format
Paperback
Language
English
Subject
Business
Publication Year
2017
Type
Textbook
Number of Pages
26 Pages

Dimensions

Item Height
210mm
Item Width
148mm
Item Weight
45g

Additional Product Features

Title_Author
Nils Rieckmann

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