Are the Asia and Pacific Small States Different from Other Small States?

Are the Asia and Pacific Small States Different from Other Small States? PDF Author: Ms.Patrizia Tumbarello
Publisher: International Monetary Fund
ISBN: 1484365372
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation and dispersion, narrow export and production bases, exposure to shocks, and heavy reliance on aid. Higher fixed government costs, low access to credit by the private sector, and capacity constraints are also key challenges. The econometric analysis confirms that the Pacific Island Countries (PICs) have underperformed relative to their peers over the last 20 years. Although these countries often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be pursued.

Are the Asia and Pacific Small States Different from Other Small States?

Are the Asia and Pacific Small States Different from Other Small States? PDF Author: Ms.Patrizia Tumbarello
Publisher: International Monetary Fund
ISBN: 1484365372
Category : Business & Economics
Languages : en
Pages : 29

Get Book Here

Book Description
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards relative to other small states due to their small populations, geographical isolation and dispersion, narrow export and production bases, exposure to shocks, and heavy reliance on aid. Higher fixed government costs, low access to credit by the private sector, and capacity constraints are also key challenges. The econometric analysis confirms that the Pacific Island Countries (PICs) have underperformed relative to their peers over the last 20 years. Although these countries often face more limited policy tools, policies do matter and can further help build resilience and raise potential growth, as evidenced in the recent business cycle. The Asia and Pacific small states should continue rebuilding buffers and improve the composition of public spending in order to foster inclusive growth. Regional solutions should also continue to be pursued.

Small States and the Changing Global Order

Small States and the Changing Global Order PDF Author: Anne-Marie Brady
Publisher: Springer
ISBN: 3030188035
Category : Law
Languages : en
Pages : 389

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Book Description
This book provides a critical examination of the foreign policy choices of one typical small state, New Zealand, as it faces the changing global balance of power. New Zealand’s foreign policy challenges are similar with those faced by many other small states in the world today and are ideally suited to help inform theoretical debates on the role of small states in the changing international system. The book analyses how a small state such as New Zealand is adjusting to the changing geopolitical, geo-economic, environment. The book includes perspectives from some of New Zealand's leading as well as emerging commentators on New Zealand foreign policy.

Small States and Hegemonic Competition in Southeast Asia

Small States and Hegemonic Competition in Southeast Asia PDF Author: Chih-Mao Tang
Publisher: Routledge
ISBN: 1317204840
Category : Political Science
Languages : en
Pages : 207

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Book Description
In the last few decades, Southeast Asia has become generally more peaceful and more prosperous, with progress in economic development, regional cooperation and integration. ASEAN in particular plays a leading role within and beyond the region in promoting multilateral cooperation in both security and economic matters. All these developments progress amid increasing hegemonic competition between the US and China for regional dominance in the Asia-Pacific region. According to the realist viewpoint of international politics, Southeast Asian states can do nothing but choose sides at the expense of international political autonomy in order to maintain their national interests. Tang argues, however, that in fact there exists an opportunity for Southeast Asian states to simultaneously reinforce their military security, economic development and international political autonomy in face of the US-China hegemonic competition. Drawing on the ideas of power transition theory and recent works of capitalist peace, Tang argues that small states can exploit the competition between great powers to make economic gains and ensure security while maintaining their autonomy. He outlines the necessity of cooperation among these small states and of economic liberalization for the effectiveness of this reinforcing dynamics, applying policy and econometric analyses to a wide range of qualitative and quantitative data.

Handbook on the Politics of Small States

Handbook on the Politics of Small States PDF Author: Godfrey Baldacchinoel
Publisher: Edward Elgar Publishing
ISBN: 1788112938
Category : Political Science
Languages : en
Pages : 447

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Book Description
Comprehensive and timely, this Handbook identifies the key characteristics, challenges and opportunities involved in the politics of small states across the globe today. Acknowledging the historical legacies behind these states, the chapters unpack the costs and benefits of different political models for small states.

Resilience and Growth in the Small States of the Pacific

Resilience and Growth in the Small States of the Pacific PDF Author: Hoe Ee Khor
Publisher: International Monetary Fund
ISBN: 1513507524
Category : Business & Economics
Languages : en
Pages : 462

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Book Description
Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy options to address them. Regional cooperation and solutions tailored to their unique challenges, as well as further integration with the Asia and Pacific region will each play a role. With concerted efforts, Pacific island countries can boost potential growth, increase resilience, and improve the welfare of their citizens.

Pacific Islands Regional Integration and Governance

Pacific Islands Regional Integration and Governance PDF Author: Satish Chand
Publisher: ANU E Press
ISBN: 192094253X
Category : Political Science
Languages : en
Pages : 280

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Book Description
Brings together experts from around the world to consider specific issues pertaining to regional integration and governance within small states. The authors collectively address the challenges posed to small states by the quickened pace of globalisation. The lessons learnt from the experiences of small states are then used to draw policy lessons for the Pacific island countries.

Asia and Pacific Small States - Raising Potential Growth and Enhancing Resilience to Shocks

Asia and Pacific Small States - Raising Potential Growth and Enhancing Resilience to Shocks PDF Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1498342280
Category : Business & Economics
Languages : en
Pages : 28

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Book Description
The small states of the Asia and Pacific region face unique challenges in raising their growth potential and living standards. These countries are particularly vulnerable because of their small populations, geographical isolation and dispersion, narrow export and production bases, lack of economies of scale, limited access to international capital markets, exposure to shocks (including climate change), and heavy reliance on aid. In providing public services, they face higher fixed government costs relative to other states because public services must be provided regardless of their small population size. Low access to credit by the private sector is an impediment to inclusive growth. Capacity constraints are another key challenge. The small states also face more limited policy tools. Five out of 13 countries do not have a central bank and the scope for diversifying their economies is narrow. Given their large development needs, fiscal policies have been, at times, pro-cyclical. Within the Asia-Pacific small states group, the micro states are subject to more vulnerability and macroeconomic volatility than the rest of the Asia-Pacific small states.

Security at a Price

Security at a Price PDF Author: Nicholas Khoo
Publisher: Rowman & Littlefield
ISBN: 1442254580
Category : Political Science
Languages : en
Pages : 175

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Book Description
This volume in the Weapons of Mass Destruction series makes the case that the United States’ expansive missile defence policy has eroded both its own security and that of its allies. These findings are based on an examination of the response of a number of key states to U.S. policy, including Russia, China, North Korea and Iran. Situating their argument in the theoretical debate on balancing in unipolarity, the authors contrast their view to influential perspectives that see little evidence of hard balancing against the U.S. in the post-Cold War era. Adopting a neorealist perspective, the authors demonstrate the clear presence of this inter-state practice, providing insight into the international politics of unipolarity, showing how hard balancing and security dilemma-related dynamics operate in the contemporary strategic environment.

Making Sense of Cyber Capabilities for Small States

Making Sense of Cyber Capabilities for Small States PDF Author: Francis C. Domingo
Publisher: Routledge
ISBN: 100055306X
Category : Political Science
Languages : en
Pages : 182

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Book Description
Domingo explores the potential of cyber capabilities for small states in the Asia-Pacific, the most active region for cyber conflict. He develops a systematic explanation for why Brunei, New Zealand, and Singapore have developed or are developing cyber capabilities. Studies on cyber conflict and strategy have substantially increased in the past decade but most have focused on the cyber operations of powerful states. This book moves away from the prominence of powerful states and explores the potential of cyber capabilities for small states in the Asia-Pacific, the most active region for cyber conflict. It develops a systematic explanation of why Brunei, New Zealand, and Singapore have developed or are developing cyber capabilities despite its obscure strategic value. The book argues that the distribution of power in the region and a "technology-oriented" strategic culture are two necessary conditions that influence the development of cyber capabilities in small states. Following this argument, the book draws on neoclassical realism as a theoretical framework to account for the interaction between these two conditions. The book also pursues three secondary objectives. First, it aims to determine the constraints and incentives that affect the utilization of cyber capabilities as foreign policy instruments. Second, the book evaluates the functionality of these cyber capabilities for small states. Lastly, it assesses the implications of employing cyber capabilities as foreign policy tools of small states. This book will be an invaluable resource for academics and security analysts working on cyber conflict, military strategy, small states, and International Relations in general.

Small States

Small States PDF Author: Commonwealth Secretariat
Publisher: Commonwealth Secretariat
ISBN: 184929125X
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
This unique annual collection of key economic and statistical data on states with fewer than 5 million inhabitants is an essential reference for economists, planners and policy-makers working on issues of concern to small states. Contains 65 tables covering development indicators and an article focusing on the role of data and statistics.