Video Listings
Micronesian Counselors
Francis X. Hezel S.J.
Island development today could learn from the past: the importance of trading partnerships and self-enforced contracts.
Why I Can't Get A Loan...and Probably Shouldn't Anyway!
Francis X. Hezel S.J.
Helping prospective businessmen draw up a business plan for a loan may be a bad idea
March 26, 2023 BUSINESS
Business and Family in Micronesia
Francis X. Hezel S.J.
Compilation of best practices for balancing kin obligations with what is needed to make a business work.
March 26, 2023 BUSINESS
An Alternative Strategy for Developing a Micronesian Export Industry
Francis X. Hezel S.J.
An inventory of factors to be considered before opening an export business in the islands.
March 26, 2023 BUSINESS
A Tuna Industry in Micronesia?
Francis X. Hezel S.J.
The case for launching a large fishing industry in the islands despite a long list of past failures.
Who Will Own Business in Majuro
Francis X. Hezel S.J.
Study of how Chinese immigrants have become dominant in business on Majuro and what effects this is having on the local population.
March 26, 2023 BUSINESS
The Clam Industry in the Marshalls
Francis X. Hezel S.J.
History of the clam industry and the problems encountered along the way.
Micsem Discussion
Your New Business Doesn't Have to Fail
Francis X. Hezel S.J.
Promise and problems in setting up a private business in Micronesia.
April 01, 2000 BUSINESS
The YTK Proposal and the Future of Fishing in Pohnpei
Francis X. Hezel S.J.
Japanese proposal to establish a large fishing industry on Pohnpei may threaten other fishing interests.
February 13, 1997 BUSINESS ECONOMICS GOVERNMENT
What Can We Do to Promote Private Business
Francis X. Hezel S.J.
Exploration of ways in which the private sector in the economy could be helped to expand.
Books
On Your Mark, Get Set... Tourism’s Take-Off in Micronesia
Francis X. Hezel, SJ
When Continental Air Micronesia inaugurated regular jet air service to the Trust Territory in the late 1960s, it opened commercial possibilities for islands then struggling with an uncertain political and economic future. Tourism became a distant hope as an engine for economic growth. In 1970, Continental built three new 50 room hotels in Chuuk, Palau, and the Northern Marianas and began vigorously promoting the islands as a Pacific paradise getaway destination. What happened over subsequent decades in these three island groups is the subject of this study. It offers lessons for other island nations hoping for a tourism boom today.
When Continental Air Micronesia inaugurated regular jet air service to the Trust Territory in the late 1960s, it opened commercial possibilities for islands then struggling with an uncertain political and economic future. Tourism became a distant hope as an engine for economic growth. In 1970, Continental built three new 50 room hotels in Chuuk, Palau, and the Northern Marianas and began vigorously promoting the islands as a Pacific paradise getaway destination. What happened over subsequent decades in these three island groups is the subject of this study. It offers lessons for other island nations hoping for a tourism boom today.March 26, 2023 BUSINESS ECONOMICS
