Small States

Economic Review and Basic Statistics, Volume 16

image of Small States

This unique annual collection of key economic and statistical data on states with fewer than five million inhabitants is an essential reference for economists, planners and policy-makers. The Commonwealth’s definition of small states is those with a population of one and a half million or less. For comparison purposes this volume presents, where available, data on states with a population of up to five million.

The book contains 68 tables covering selected economic, social, demographic and Millennium Development Goal indicators culled from international and national sources and also presents information unavailable elsewhere. A detailed parallel commentary on trends in Commonwealth small states, looking at growth, employment, inflation, human development, and economic policy, permits a deeper understanding of underlying developments behind the figures.

The book also includes four articles focusing on the green economy: The Implementation of Low-carbon and Green Economy Measures in Small Island Developing States by Vernese Inniss; From Brown to Green Opportunities for Environmentally Sound Development in Small States by Cletus I Springer; A Green Investment Analysis Using System Dynamics Modelling – The Case of Mauritius by Andrea M Bassi and Prakash N K Deenapanray; and Rethinking the Institutional Framework for the Implementation of the Programme of Action for the Sustainable Development of Small Island Developing States and the Mauritius Strategy for the Further Implementation of the BPOA by the Commonwealth IAESD Group.



A Green Investment Analysis Using System Dynamics Modelling – The Case of Mauritius

A ‘green investment’ analysis was carried out for Mauritius using system dynamics modelling of the complex interactions between the three spheres of development: society, economy and environment. The results presented here are preliminary and form part of a more detailed ongoing study. The main focus of this report is to demonstrate the applicability and versatility of system dynamics modelling to green investment scenario analysis in medium- to long-term cross-sectoral planning for sustainable development. It can also serve as an input into the discussions leading up to Rio+20, where the concept of a green economy will be one of the two principle focuses. Two scenarios have been developed to analyse the allocation of green investments. The first is the ‘business as usual’ case, which assumes that current socio-economic and environmental trends will continue and that existing policies will take their course. The second scenario looks at the ‘green investment’ case, simulating additional interventions in three sectors: energy, water and agriculture. The energy sector includes the transport subsector. The green economy scenario assumes that approximately 1.1 per cent of GDP will be invested in these sectors, with 2010 as the base year.


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