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Building the Resilience of Small States

Building the Resilience of Small States
Author: Denny Lewis-Bynoe
Publisher: Commonwealth Secretariat
Total Pages: 255
Release: 2014-09-08
Genre: Business & Economics
ISBN: 1849291284

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Some small states enjoy relatively high GDP per capita –giving the impression of economic strength – when in reality these economies are fragile and disproportionately affected by adverse economic shocks, natural disasters and extreme weather events. The Commonwealth resilience framework has been developed to identify both the national policies required to build resilience and the areas in which regional and international development partners can provide support. This study refines and expands the framework to cover areas such as governance, environmental management and social development. It proposes policy measures for building resilience and ways in which the resilience framework for small states can be embedded in national planning to help stakeholders to agree priority areas for policy intervention.


The Diplomacies of Small States

The Diplomacies of Small States
Author: A. Cooper
Publisher: Springer
Total Pages: 291
Release: 2009-04-08
Genre: Political Science
ISBN: 0230246915

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This is an in-depth analysis of the various methods used by small states to overcome their vulnerabilities in the international arena. With its balanced approach and variety of contributions, this book is of interest to researchers and academics who focus on the developing world or multilateral diplomacy.


Small States and the Pillars of Economic Resilience

Small States and the Pillars of Economic Resilience
Author: Lino Briguglio
Publisher: Commonwealth Secretariat
Total Pages: 464
Release: 2008
Genre: Business & Economics
ISBN:

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Small developing states tend to be inherently prone to exogenous shocks over which they can exercise very little control. In the main, such proneness emanates from the small states; structural trade openness and their very high dependence on a narrow range of exports. There are a number of small developing states that, in spite of their inherent economic vulnerability, manage to generate a relatively high GDP per capita when compared with other developing countries. This can be ascribed to economic resilience building associated with policy-induced measures that enable a country to recover from or adjust to the negative impacts of adverse exogenous shocks and to benefit from positive shocks. The main argument put forward in this book is that economic resilience can be built through appropriate policy interventions in four principal areas, namely macroeconomic stability, microeconomic market efficiency, good governance and social development. Published by the Islands and Small States Institute, Malta and the Commonwealth Secretariat.


Profiling Vulnerability and Resilience

Profiling Vulnerability and Resilience
Author: Lino Briguglio
Publisher: Commonwealth Secretariat
Total Pages: 148
Release: 2010
Genre: Economic policy
ISBN: 9781849290357

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This book provides a tool for assessing both how prone a country is to external economic shocks - its vulnerability - as well as its ability bounce back from those shocks - its resilience. For economic planners, as well as students of the economies of small states.


Small States Resilience to Natural Disasters and Climate Change - Role for the IMF

Small States Resilience to Natural Disasters and Climate Change - Role for the IMF
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 99
Release: 2016-07-11
Genre: Nature
ISBN: 1498345093

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Small developing states are disproportionately vulnerable to natural disasters. On average, the annual cost of disasters for small states is nearly 2 percent of GDP—more than four times that for larger countries. This reflects a higher frequency of disasters, adjusted for land area, as well as greater vulnerability to severe disasters. About 9 percent of disasters in small states involve damage of more than 30 percent of GDP, compared to less than 1 percent for larger states. Greater exposure to disasters has important macroeconomic effects on small states, resulting in lower investment, lower GDP per capita, higher poverty, and a more volatile revenue base.


Small Island Developing States

Small Island Developing States
Author: Stefano Moncada
Publisher: Springer Nature
Total Pages: 390
Release: 2021-10-19
Genre: Law
ISBN: 3030827747

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This book explores how vulnerable and resilient communities from SIDS are affected by climate change; proposes and, where possible, evaluates adaptation activities; identifies factors capable of enhancing or inhibiting SIDS people’s long-term ability to deal with climate change; and critiques the discourses, vocabularies, and constructions around SIDS dealing with climate change. The contributions, written by well-established scholars, as well as emerging authors and practitioners, in the field, include conceptual papers, coherent methodological approaches, and case studies from the communities based in the Caribbean Sea and the Indian, Atlantic, and Pacific Oceans. In their introduction, the editors contextualise the book within the current literature. They emphasise the importance of stronger links between climate change science and policy in SIDS, both to increase effectiveness of policy and also boost scholarly enquiry in the context of whose communities are often excluded by mainstream research. This book is timely and appropriate, given the recent commission by the Intergovernmental Panel on Climate Change (IPCC) of a Special Report that aims at addressing vulnerabilities, “especially in islands and coastal areas, as well as the adaptation and policy development opportunities” following the Paris Agreement. Coupled with this, there is also the need to support the policy community with further scientific evidence on climate change–related issues in SIDS, accompanying the first years of implementation of the United Nations Sustainable Development Goals.


Building a Resilient Tomorrow

Building a Resilient Tomorrow
Author: Alice C. Hill
Publisher: Oxford University Press, USA
Total Pages: 265
Release: 2020
Genre: Climate change mitigation
ISBN: 019090934X

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Even under the most optimistic scenarios, significant global climate change is now inevitable. While squarely confronting the scale of the risks we face, Building a Resilient Tomorrow presents replicable sustainability successes and clear-cut policy recommendations that can improve the climate resilience of communities in the US and beyond.


Achieving a Resilient Future for Small States

Achieving a Resilient Future for Small States
Author: Denny Lewis-Bynoe
Publisher: Commonwealth Secretariat
Total Pages: 229
Release: 2016-04-01
Genre: Business & Economics
ISBN: 1849291462

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The Caribbean faces numerous economic, social and environmental challenges, with current projections predicting the road ahead to be filled with low levels of growth, high debt and low resilience. In Achieving a Resilient Future for Small States: Caribbean 2050, the contributors set out a long-term, research-based strategy for avoiding these projections, recommending a number of policy interventions aimed at building the region’s resilience and development prospects. Written by influential analysts and researchers and drawing on a wide cross-section of regional stakeholders and thought leaders, the study contains an assessment of the main challenges and opportunities for the region, scenario modelling of where the region could be by 2050, and a broad vision for the region with sector specific goals of how to get there.


Building Resilience to Natural Disasters: An Application to Small Developing States

Building Resilience to Natural Disasters: An Application to Small Developing States
Author: Ricardo Marto
Publisher: International Monetary Fund
Total Pages: 28
Release: 2017-10-30
Genre: Business & Economics
ISBN: 1484324749

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We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.