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Small States and the Pillars of Economic Resilience

Small States and the Pillars of Economic Resilience

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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.

1 Introduction by Lino Briguglio and Gordon Cordina and Nadia Farrugia and Constance Vigilance 11
Pt. 1 Macroeconomic Policy
2 Macroeconomic Stability and Economic Resilience in Small States: The Role of Macroeconomic Policies by Lawrence Schembri 37
3 Fiscal Adjustment in Small States by Stephanie Medina Cas and Rui Ota 59
4 The Role of Fiscal Policy in Resilience Building: Experiences of Pacific Island Countries by T. K. Jayaraman 95
5 CARICOM's Orientation in External Trade Negotiations and Resilience Building by Claudius Preville 119
Pt. 2 Market Efficiency
6 Economic Resilience and Market Efficiency in Small States by Gordon Cordina 131
7 Private Sector Development and Micro-enterprises in Small States by Stephanie Vella 144
8 International Labour Mobility for Resilience Building in Microstates by Satish Chand 162
9 Bridling Market Dominance: A View From Jamaica by Barbara Lee 179
Pt. 3 Good Governance
10 Building Good Governance and Economic Resilience in Small States by Paul Sutton 195
11 Small States, Resilience and Governance by Yiagadeesen Samy and David Carment and Stewart Prest and Jean Francois Gagne 217
12 Governance Issues in the Pacific Island Countries by Mahendra Reddy 243
Pt. 4 Social and Environmental Issues
13 Poverty, Migration and Economic Resilience in Small Island Developing States by John Connell 263
14 Social Cohesion, Governance and Social Development in Small States by Naren Prasad 289
15 Income Distribution, Social Cohesion and Economic Resilience by Jean Paul Fabri and Alexia Pizzuto 302
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