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Commonwealth Trade Hot Topics

The Trade Hot Topics series provides concise and informative analyses of various trade and trade-related issues which are prepared both by Commonwealth Secretariat and international experts.

English

Natural Disasters and Trade Resilience in Small States

This issue of Commonwealth Trade Hot Topics considers the impact of natural disasters on Commonwealth small states and reviews potential pathways to enhance the disaster resilience of these vulnerable countries. It starts by examining the relationship between small states and trade. It then reviews the three mechanisms through which trade is affected when natural disasters strike: direct losses to exports, losses to trade facilitation assets and indirect losses. It concludes by offering suggestions for enhancing the resilience of Commonwealth small states, with actions for both the international community and small states themselves.

English

Keywords: small states, natural disasters, trade
JEL: Q54: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Climate; Natural Disasters and Their Management; Global Warming; F18: International Economics / Trade / Trade and Environment; Q56: Agricultural and Natural Resource Economics; Environmental and Ecological Economics / Environmental Economics / Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
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