Macroeconomics in Small Island States

Macroeconomics in Small Island States PDF Author: Macklenan F. Hasham
Publisher: AuthorHouse
ISBN: 1496906381
Category : Business & Economics
Languages : en
Pages : 433

Get Book Here

Book Description
Macroeconomics in Small Island States brings to the reader similar subjects as in a traditional economics reader, but now in the context of small islands. To insure a level of societal well-being an island state develops an economic infrastructure that can be useful to attract foreign investors, and makes efforts to obtain continuous financing for activities to boost social and economic progress as well as international competitiveness. The colonial domination of the past and the long history of foreign transnationals as major economic actors, influence economic thinking, especially with respect to the focus on what should constitute basic industries and the transition to global competiveness. Additionally, changes in the domestic and international socio- economic environment and natural disasters can impact the ability of the island state to fulfill its debt service obligations negatively. These aspects put major pressure on the management of the internal economy, while investments in foreign capital goods apparently tend to have lower growth effects than would generally be expected from the domestic marginal propensity to consume. The publication gives attention to these issues and more and makes reference throughout to contributions to economic thinking by scholars in the Caribbean region.

Macroeconomics in Small Island States

Macroeconomics in Small Island States PDF Author: Macklenan F. Hasham
Publisher: AuthorHouse
ISBN: 1496906381
Category : Business & Economics
Languages : en
Pages : 433

Get Book Here

Book Description
Macroeconomics in Small Island States brings to the reader similar subjects as in a traditional economics reader, but now in the context of small islands. To insure a level of societal well-being an island state develops an economic infrastructure that can be useful to attract foreign investors, and makes efforts to obtain continuous financing for activities to boost social and economic progress as well as international competitiveness. The colonial domination of the past and the long history of foreign transnationals as major economic actors, influence economic thinking, especially with respect to the focus on what should constitute basic industries and the transition to global competiveness. Additionally, changes in the domestic and international socio- economic environment and natural disasters can impact the ability of the island state to fulfill its debt service obligations negatively. These aspects put major pressure on the management of the internal economy, while investments in foreign capital goods apparently tend to have lower growth effects than would generally be expected from the domestic marginal propensity to consume. The publication gives attention to these issues and more and makes reference throughout to contributions to economic thinking by scholars in the Caribbean region.

Understanding Small-Island Developing States

Understanding Small-Island Developing States PDF Author: Amelia Santos-Paulino
Publisher: Routledge
ISBN: 1317965620
Category : Business & Economics
Languages : en
Pages : 207

Get Book Here

Book Description
Small island developing states (SIDS) are characterised by high economic, geographical and social vulnerability. These states are perceived as economically vulnerable, exhibiting poor economic performance, and embedding low levels of achieved well-being on most criteria. SIDS, which occupy very large parts of the world, face idiosyncratic development challenges largely owing to their susceptibility to external shocks. Still, these countries are all too often overlooked in the development research literature. Arising from a UNU-WIDER research project, this book provides in-depth research on the international dimensions of SIDS development experiences. Using a wealth of data, as well as case studies, the main topics examined comprise: aid, policies and growth; the costs of neglect, in terms of losses owing to a country falling into the fragile states group, of that country and those in its region; the composition of trade and the impact of external shocks, and the impact of remittances. The studies jointly provide valuable insights for small islands and other developing countries in the pursuit of sustainable growth and development. This book was published as a special issue of the Journal of Development Studies.

Small States

Small States PDF Author: Commonwealth Secretariat
Publisher: Commonwealth Secretariat
ISBN: 9780850928631
Category : Business & Economics
Languages : en
Pages : 188

Get Book Here

Book Description
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 three topical articles: The Effects of Limited Diversification on Small States--Stephen Fletcher, St. George's University, Grenada; Insights into the Economic Development of Small, Often Island, Economies--Godfrey Baldacchino, University of Prince Edward Island, Canada and Geoff Bertram of Victoria University, Wellington, New Zealand; and Macroeconomic Stability in Small States--Lawrence L. Schembri, Bank of Canada.

The Eastern Caribbean Economic and Currency Union

The Eastern Caribbean Economic and Currency Union PDF Author: Mr.Alfred Schipke
Publisher: International Monetary Fund
ISBN: 1616352655
Category : Business & Economics
Languages : en
Pages : 546

Get Book Here

Book Description
The Eastern Caribbean Economic and Currency Union (OECS/ECCU) is one of four currency unions in the world. As in other parts of the world in the aftermath of the global economic and financial crisis, the region is at a crossroads, facing the major challenges of creating jobs, making growth more inclusive, reforming the banking system, and managing volatility, while grappling with high public debt and persistent low economic growth. Policymakers have the critical task of implementing strong reforms to strengthen the monetary union while also laying the foundation for accelerating growth. This Handbook provides a comprehensive analysis of the key issues in the OECS/ECCU, including its organization and economic and financial sector linkages, and provides policy recommendations to foster economic growth.

Entrepreneurship in Small Island States and Territories

Entrepreneurship in Small Island States and Territories PDF Author: Godfrey Baldacchino
Publisher: Routledge
ISBN: 1317654552
Category : Business & Economics
Languages : en
Pages : 335

Get Book Here

Book Description
Entrepreneurship in Small Island States and Territories is the first publication to consider the ‘creative’ side of enterprise in small island states and territories. Rather than playing out as remote, vulnerable and dependent backwaters of neo-colonialism, the world’s small island states and territories (with resident populations of less than 1 million) show considerable resourcefulness in facing up to the very real challenges of their predicament. The creative endeavours of their residents, facilitated by adroit public policy, has created economic and investment opportunities that translate into some private sector employment and decent livelihoods for many. Their ingenuity, coupled with strategic investments and the support of the diaspora, has led to a suite of (sometimes unlikely) products and services: from citizenship and higher-level internet domain names, to place-branded foods and beverages; from electronic gaming to niche manufacturing. There is much more to small island survival than subsistence farming, aid, remittances and public sector workfare. Entrepreneurship in Small Island States and Territories helps to dispel this myth, showcasing an aspect of life in small island states and territories that is rarely documented or critically reviewed.

Contemporary Macroeconomics

Contemporary Macroeconomics PDF Author: Vasilii Erokhin
Publisher: Springer Nature
ISBN: 9811995427
Category : Business & Economics
Languages : en
Pages : 945

Get Book Here

Book Description
This book covers a lot of ground in contemporary macroeconomics, from fundamental theories such as market structures and equilibrium to emerging concepts that reflect the most critical challenges of modern times, including economic slowdowns, the resilience of public health systems, digitalization, environmental footprints, and many more. The COVID-19 outbreak has aggravated the recurrent problems of poverty and income inequality between countries, food insecurity and hunger, unemployment, and social disorders that have resulted in the exacerbation of political, economic, and trade tensions between countries. In view of the damaging consequences of the pandemic for the entire global economy, the book examines how existing macroeconomic tools and policies could be adapted to the new normal to ensure sustainable post-pandemic development and growth. The main text is interspersed with real-life illustrations and cases that demonstrate practical implications of the concepts under study. This makes the reading relevant and active. Every chapter starts with learning objectives and ends with a series of questions and quizzes that enable easier reinforcement of the course content. This book is written mainly for students, but it would be much useful to the broader public audience, including postgraduates, researchers, and business people who will be able to learn all recent updates about macroeconomics and the post-pandemic perspectives of the global economy.

Economic Vulnerability and Resilience of Small States

Economic Vulnerability and Resilience of Small States PDF Author: Lino Briguglio
Publisher: Commonwealth Secretariat
ISBN: 9789990949223
Category : Economic assistance
Languages : en
Pages : 0

Get Book Here

Book Description


Shaping the Future of Small Islands

Shaping the Future of Small Islands PDF Author: John Laing Roberts
Publisher: Springer Nature
ISBN: 9811548838
Category : Business & Economics
Languages : en
Pages : 443

Get Book Here

Book Description
The book provides fresh look at the issues of sustainable development, degradation of natural resources and vulnerability to climate change in Small Island developing states (SIDS). It documents the deteriorating state of SIDS and adaptation efforts made to address the impending crisis of unsustainable economic growth with international, national and community support. Authors have discussed issues like macroeconomic trends, vulnerability, resilience capability, and SIDS-specific strategies focusing on sectors like trade and tourism. Discussion continues with the examination of democracy, social capital, quality of life, and health concerns. Climate change and natural resource challenges are analyzed using case studies. The book also discusses diplomatic complexities of international climate agreements, collective action and institutional quality constitute the analysis of global environment and sustainable development.

Unlocking Access to Climate Finance for Pacific Island Countries

Unlocking Access to Climate Finance for Pacific Island Countries PDF Author: Ms. Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513594222
Category : Business & Economics
Languages : en
Pages : 103

Get Book Here

Book Description
This departmental paper provides an in-depth overview of access to climate finance for Pacific Island Countries, evaluating successes and challenges faced by countries and proposes a way forward to unlock access to climate funds.

Economic Growth in Latin America and the Caribbean

Economic Growth in Latin America and the Caribbean PDF Author: Norman Loayza
Publisher: World Bank Publications
ISBN: 0821360914
Category : Business & Economics
Languages : en
Pages : 169

Get Book Here

Book Description
Several countries in Latin America and the Caribbean are suffering severe economic downturns and the success of market-oriented reforms is being called into question. This report seeks to contribute to the debate by examining the nature of economic growth in the region. The aim is threefold: to describe the basic characteristics of growth; explain differences across countries and to forecast changes over the next decade.