Papers Published in World Economics:
Escaping Regulation, Escaping Convention
Contrary to widely held belief, small island countries have many lessons to offer
to other countries and the world community in terms of their development
strategies. This article provides evidence that small island countries are experts at
breaking and distorting global trade rules without being noticed or provoking
retaliatory actions. As unimportant actors in the global system, they tend to use
their sovereignty and non-market options to their advantage rather than relying
purely on global rules of free trade. Globalization is neither uniform nor
homogeneous, but includes opportunities and potential for derogations,
exceptions and special arrangements.
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