The MIRAB Model Twelve Years On Bertram, Geoff 2009-10-30T00:22:17Z 2009-10-30T00:22:17Z 1999
dc.description.abstract Developed in the mid 1980s to explain economic processes in New Zealand’s sphere of influence in the Pacific islands, the mirab model has proved applicable across a wide range of island economies. Identifying features of a mirab economy are heavy reliance on transfer payments, including repatriated factor incomes, to finance current expenditure; a migration process that disperses the members of ethnic groups across geographical space while retaining the organic unity of families and communities; and a consequent transnationalization of the society’s economic activity whenever external niches of economic opportunity become accessible. Production of tradable goods is marginalized by the operation of market forces in the absence of regulation, and policies to promote tradable-led development have little application. The paper presents macroeconomic data to illustrate three stylized facts for mirab economies: persistent gaps between national expenditure and gross domestic product, a combination of large trade deficits with balanced current accounts (and hence limited debt accumulation), and the long-run stability of per capita aid flows. Some country-specific variations on the basic mirab model in the recent literature are reviewed, along with some recent economic literature on the microeconomics of transnational networks of kin and community.
dc.identifier.citation Bertram, G. 1999. The MIRAB Model Twelve Years On. The Contemporary Pacific 11 (1): 105-38.
dc.identifier.issn 1043-898X
dc.language.iso en-US
dc.publisher University of Hawai'i Press
dc.publisher Center for Pacific Islands Studies
dc.subject aid
dc.subject development
dc.subject globalization
dc.subject migration
dc.subject MIRAB
dc.subject.lcsh Oceania -- Periodicals.
dc.title The MIRAB Model Twelve Years On
dc.type Article
dc.type.dcmi Text
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