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Publication Details

Economic Vulnerability and Resilience of Small States  
Eliawony J Kisanga (Author), Lino Briguglio (Author)

Size: 238 mm x 160 mm
Categories: Small States

ISBN No: 978-99909-49-22-3

Format: Paperback

Publication Date: 2004
Number of Pages: 480

Status: In stock

Price: £ 20.00    [Currency converter]  


The main message of this book is that good governance and appropriate macroeconomic policies in a small state can, to an extent, mitigate the drawbacks of economic vulnerability. Many chapters in the book make the distinction between inherent and self-inflicted vulnerability. There is an attempt to clarify terms by associating vulnerability with inherent features such as economic exposure and export concentration, and resilience with man-made policies, including good governance. This distinction, though somewhat arbitrary, may be a useful analytical tool for formulating development policy. While it is important for small states to improve their awareness of, and come to terms with, inherent and permanent development handicaps arising from small economic size, it is equally important that these countries adopt policy measures which enable them to build their resilience to improve the standard of living of their population.

Resilience building is not costless, and it is particularly burdensome on small states, the vast majority of which have very limited resource endowments and cannot spread overhead costs over a large population. Some chapters of the book therefore recognise the importance of support from the international donor community in this regard.

Published by the Islands and Small States Institute, Malta and the Commonwealth Secretariat.


Map showing the location of Small Island Developing States members of AOSIS


The Authors


Foreword Winston Cox


1. Introduction Lino Briguglio and Eliawony J. Kisanga


Part 1: Conceptual and Methodological Issues


2. Economic Vulnerability and Resilience: Concepts and Measurements Lino Briguglio

3. On the Economic Vulnerability of Low-Income Countries Patrick Guillaumont

4. Economic Vulnerability of Small Island Developing States: The United Nations Approach Pierre Encontre

5. Economic Vulnerability, Resilience and Capital Formation Gordon Cordina

6. Macroeconomic Vulnerability of Small Developing States: Will it Squeeze into a Single Index? Tom Crowards


Part 2: Country Case Studies

7. Coping with Vulnerability by Building Economic Resilience: The Case of Vanuatu T.K. Jayaraman

8. Identifying the Vulnerability and Building Resilience: in the Economy of Fiji Mahendra Reddy

9. Environmental Vulnerability and Economic Resilience Building: The Case of the Republic of the Marshall Islands Espen Ronneberg

10. Economic Vulnerability and Resilience in Papua New Guinea Michael Manning

11. The Economic Vulnerability and Resilience of Small Island States: The Case of Singapore Gavin Peebles and Winston Cox

12. Monetary and Financial aspects of Vulnerability and Resilience: The Case of the Seychelles Pater Larose

13. Economic and Environmental Vulnerabilities of the Maldives and Graduation from LDC Status Abdullahi Majeed and Amjad Abdulla

14. The Debt Problem and Self-Made Vulnerabilities: The Case of Jamaica Philip Osei

15. Overcoming Economic Vulnerability and Building Resilience in Saint Lucia Cletus Springer

16. Economic Vulnerability in the Caribbean in the 1990s: Selected Cases Michael Witter

17. Development Challenges for Small Open Economies in the Commonwealth Satish Chand


Part 3: Special and Differential Treatment for Small States

18. Small States and the World Trade Organisation Sivaramen Palayathan

19. Caribbean Economies in the FTAA Negotiations Claudius Preville


Part 4: The Role of International Organisations

20. UNEP and Small Island Developing States Al Binger, Elizabeth Khaka and Hanneke Van Lavieren

21. The Role of the UNDP in the Further Implementation of the Barbados Programme of Action for SIDS Racine Kane

22. FAO and Small Island Developing States: Cha


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Building the Economic Resilience of Small States

Eliawony J Kisanga (Author), Gordon Cordina (Author), Lino Briguglio (Author)
Publication Date: 04-2006
Stock Status: In stock

Format: Paperback
ISBN No: 978-99909-49-23-0
Price: £ 20.00     [Currency converter]

Explores the role of economic policy in mitigating the drawbacks of economic vulnerability associated with smaller states.

Further Details