The global financial crisis and trade prospects in small states
By: Massimiliano Calì with Jane Kennan
Contributors: Kennan, Jane
Series: Economic paper -- 90; Economic paper (Commonwealth Secretariat) -- 90.
Publisher: Commonwealth Secretariat
Published: 2010
Place of publication: London
Language: eng
Number of pages: 53
ISBN-13: 9781849290265
Subjects: Commerce; Financial crises; International trade; Economic conditions; Small States
Description: This is the first study to look at the trade effects of the current global slowdown on small states. Export industries in these countries have been affected at least as much as those of other developing countries. Given their reliance on trade, this means that the overall economic impact on small states may be greater than for other developing countries, all the more so for those countries exporting minerals and fuels, and luxury goods and services, such as beef and tourism. The authors suggest a number of policy responses for governments of small states which may help to address the issues that arise.
Notes: Includes bibliographical references (p. 52-53).