Building the economic resilience of small states
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This book is an outcome of the research work undertaken as a result of the growing collaboration between the Commonwealth Secretariat and the Islands and the Small States Institute of the University of Malta. The book attempts to explain what needs to be done to enable inherently vulnerable small states build up their economic r:esilience in order to withstand economic shocks. The emphasis is therefore on policies that promote macroeconomic stability and microeconomic policies that enhance flexibility in market adjustment. Many authors of the chapters, however, rightly argue that economic resilience does not exclusively depend on economic factors only. Good governance, social cohesion and environmental management are also assigned major importance for resilience building. The focus of the book is on small states, where the issue of resilience is of major importance, given that such states tend to be highly exposed to external shocks. The high degree of vulnerability of such states to external shocks has now been amply discussed and proven in various publications and international fora held on this matter. This volume takes the argument further by attempting to show that it may be possible to withstand such vulnerability by adopting the right policies. The thrust of the argument is that it is not enough to identify the weaknesses - of more importance, perhaps, is to propose ways and means of overcoming such weaknesses. One of the chapters in this volume attempts to construct a resilience index, in order to assess the extent to which countries have adopted measures to enable them to withstand external economic shocks. The chapter may also be considered as a response to the strategy adopted at the Mauritius International Meeting on the la-year review of the Barbados Programme of Action, held in January 2005, which called on the international community to give due consideration to the development of a resilience index. (Extract from the Foreword to this book)
Edited by
Lino Briguglio
Gordon Cordina
Eliawony J. Kisanga
Published and produced in 2006 by Formatek Publishing, Malta for the Islands and Small States Institute of the University of Malta and
the Commonwealth Secretariat, London
ISBN: 99909-49-23-9
All rights reserved. No part of this publication may
be reproduced without the prior written permission
of the publishers and the individual authors of the chapters.
Collection's Items (Sorted by Submit Date in Descending order): 1 to 17 of 17
Issue Date | Title | Author(s) |
2006 | Building resilience through better environmental management in small island states : experience from the aims small island states | Roberts, John L. |
2006 | Determinants of economic growth and resilience in small states | Armstrong, Harvey W.; Read, Robert |
2006 | Small states as holons : the transnational survival kit of small jurisdictions | Baldacchino, Godfrey |
2006 | Economic resilience and social cohesion in the eastern Caribbean | Springer, Cletus |
2006 | Assessing the fragility of small island developing states | Carment, David; Prest, Stewart; Samy, Yiagadeesen |
2006 | Economic resilience building and good governance | Reddy, Mahendra |
2006 | Small island developing states, exclusive economic zones and economic resilience building | Fraser, Tishka H.; Ronneberg, Espen |
2006 | Foreword | Coomaraswamy, Indrajit |
2006 | Market reform and resilience building in small developing countries | Downes, Andrew S. |
2006 | Subject index and author index | - |
2006 | Conceptualising and measuring economic resilience | Briguglio, Lino; Cordina, Gordon; Farrugia, Nadia; Vella, Stephanie |
2006 | Financial globalisation and economic resilience in Mauritius | Jankee, Chandan Kheswar |
2006 | Economic resilience with an exchange rate peg : the Barbados experience | Worrell, DeLisle; Codrington, Harold; Craigwell, Roland; Greenidge, Kevin |
2006 | Developing resilience through labour mobility in microstates | Chand, Satish |
2006 | Contents and the authors | - |
2006 | Macroeconomic reform and resilience building in small states | Jayaraman, Tiru K. |
2006 | Introduction [Building the economic resilience of small states] | Briguglio, Lino; Cordina, Gordon; Kisanga, Eliawony J. |
Collection's Items (Sorted by Submit Date in Descending order): 1 to 17 of 17