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Building the Resilience of Small States

A Revised Framework

image of Building the Resilience of Small States

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.

English

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A Vulnerability and Resilience Framework for Small States

This chapter presents a revised vulnerability/resilience framework, building on the work of Briguglio et al. (2009).1 The chapter also revises and updates the economic vulnerability and economic resilience indices, the former associated with exposure to external shocks and the latter with policies that can enable a country to minimise or withstand the negative effects of such shocks. A number of policy implications are derived from the study presented in this chapter.

English

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