PurposeThe purpose of this paper is to compare the case of Curaçao, 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/approachThe 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 Curaçao. Next the six countries are placed in their respective social, economic, and historical contexts. Then the paper explores what Curaçao can learn from the other six countries by applying the framework of spiral dynamics and the eight‐stage process for creating major change.FindingsCuraçao can look at other countries and learn a great deal, but Curaçao cannot copy the model of another country and implement it. This is because of the differences between the various exemplars, particularly in the starting position and the changes that have taken place in the world, which make the case of Curaçao unique. Curaçao will have to develop its own model.Originality/valueThe paper contributes to the analysis of globalization of small islands.