Small States: Economic Review and Basic Statistics, Volume 12

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.