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.


Weighing Up Second Passport Power in Small States

A SWOT Analysis of the Citizenship-by-Investment Industry

Since their inception in the mid-1980s, citizenship-by-investment (CBI) programmes are often accused of commodifying citizenship, unfairly favouring the very wealthy, and facilitating money laundering, tax evasion and other criminal activities. This paper seeks to take a practical and balanced approach to assessing CBI programmes as a source of revenue, specifically for small states.


Mots-clés: citizenship, small states, investment
JEL: F3: International Economics / International Finance; F2: International Economics / International Factor Movements and International Business
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