Globalization of small islands: the role models of Curaçao

Abstract

Purpose – The purpose of this paper is to compare the case of Curacao, 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 Curacao. Next the six countries are placed in their respective social, economic, and historical contexts. Then the paper explores what Curacao can learn from the other six countries by applying the framework of spiral dynamics and the eight‐stage process for creating major change.Findings – Curacao can look at other countries and learn a great deal, but Curacao cannot copy the model of another country and implement it. This is because of the differences between the various exemplars, particularl...