Small States Matters

Small States Matters focuses on the opportunities and challenges faced by small states in the global economy. Topics cover international finance and capital markets, international trade, the environment, natural disasters, macroeconomic management, and economic and social development. The Commonwealth defines small states as member countries with a population size of 1.5 million people or less. Larger countries – Botswana, Jamaica, Lesotho, Namibia and Papua New Guinea – are designated as small states because they share many characteristics of small states. Thirty-one of the 53 member countries of the Commonwealth are small states.


Resilience Impact Securities with Equity (RISE)

How to Finance and Democratise Resilience-Building in the Post-COVID-19 Era

This issue of Small States Matters explores Resilience Impact Securities with Equity (RISE), a financing framework that seeks to attract much-needed capital for resilience-building. Through exploring the challenges faced by the Caribbean region, it considers how RISE could build economic, social, environmental, and health resilience in the post-COVID-19 era.


Keywords: resilience, RISE, Caribbean, COVID-19, vulnerability
JEL: O10: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Economic Development: General; H54: Public Economics / National Government Expenditures and Related Policies / National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock; Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters and Their Management; Global Warming
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