Small States

Economic Review and Basic Statistics, Volume 10

image of Small States
This unique annual collection of key economic and statistical data on the world’s small states – those with fewer than five million inhabitants – is an essential reference for economists, planners and policy-makers.

The book contains fifty-one tables covering selected economic and social indicators culled from international and national sources and presents information unavailable elsewhere. A detailed parallel commentary on trends in Commonwealth small states, looking at growth, employment, inflation and economic policy issues, permits a deeper understanding of developments behind the figures.

The book also includes two topical articles, on progress towards achieving the Millennium Development Goals, by Professor Andrew S. Downes of the University of the West Indies, and on special treatment for small states in trade, by Virginia Horscroft, trade consultant to the Commonwealth Secretariat.



Small Economies and Special and Differential Treatment: Strengthening the Evidence, Countering the Fallacies

Small economies present a particular challenge to the multilateral trade regime. Can it make adjustments to arrest their increasing marginalisation in world trade, a marginalisation that is undermining their development prospects to a significant extent? This challenge poses the question of whether emerging international trade rules are damaging the trade and development interests of small economies and, if so, whether derogations from those rules can avert such damage.


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