SMALL ECONOMIES AND GLOBAL ECONOMICS -- NOTICE TO THE READER -- CONTENTS -- PREFACE -- INTRODUCTION -- SMALL ECONOMIES IN A GLOBALIZING WORLD:ECONOMIC DEVELOPMENT,HUMAN WELL-BEING AND SUSTAINABILITY -- ABSTRACT -- 1. INTRODUCTION -- 2. SMALL ECONOMIES AND THEIR VULNERABILITIES -- 2.1. Definition of Small Economy -- 2.2. The Sources of Vulnerabilities -- 3. AGGREGATE DEVELOPMENT AND ENVIRONMENT INDICATORS -- Adjusted Net Savings -- Ecological Deficit/Reserve (EDR) -- Environmental Sustainability Index (ESI) -- 4. DATA AND EMPIRICAL ANALYSIS -- 5. CONCLUSION -- REFERENCES -- ECONOMIC PROSPECTS FOR SMALL ISLANDECONOMIES, PARTICULARLY IN THE SOUTH PACIFIC,IN A GLOBALISING WORLD -- ABSTRACT -- 1. INTRODUCTION -- 2. THE HETEROGENEITY OF SOUTH PACIFIC ISLAND ECONOMIESAND NEIGHBOURING ISLAND ECONOMIES -- 2.1. Diversity of Size -- 2.2. Involvement in International Trade and Exchange - SubstantialVariation -- 2.3. Geographic, Ethnic and Cultural Differences -- 2.4. International Political Associat -- 2.5. Differences in the Extent of Economic Development of Pacific IslandCountries -- 3. THE MIRAB PARADIGM OF PACIFIC ISLAND ECONOMIESAND GLOBALISATION PROCESSES -- 4. GLOBALISATION AND THE SUSTAINABLE DEVELOPMENT OFSOUTH PACIFIC ISLAND COUNTRIES -- 5. CONCLUSION -- REFERENCES -- PROFILING ECONOMIC VULNERABILITY ANDRESILIENCE IN SMALL STATES: CONCEPTUALUNDERPINNINGS -- ABSTRACT -- 1. INTRODUCTION -- 2. THE MEASUREMENT OF ECONOMIC VULNERABILITYAND RESILIENCE -- The Measurement of Economic Vulnerability -- Four Country Scenarios -- Measuring Economic Resilience -- 3. A COUNTRY-BASED APPROACH -- Assessing the Symptoms of Economic Vulnerability or Lack of Resilience -- Assessing the Causes of Economic Vulnerability -- Assessing the Sources of Economic Resilience -- 4. CONCLUSIONS -- REFERENCES.

THE PERILS OF RESOURCE RICHESIN A SMALL COUNTRY:OIL IN SÃO TOMÉ E PRINCIPE -- ABSTRACT -- 1. INTRODUCTION -- 2. DUTCH DISEASE AND POLICY RESPONSE3 -- 2.1. How Fast to Exploit the Oil -- 2.2. How to Spend the Mineral Revenues -- 3. SÃO TOMÉ E PRINCIPE'S EXISTING RESOURCE BASE ANDCOMPARATIVE ADVANTAGE -- 3.1. Areas of Investment for Future Production and Diversification -- 4. CONCLUSION -- REFERENCES -- THE TRAGEDY OF NAURU: A MICROCOSMOF THE CONFLICT BETWEEN INCREASINGRESOURCE EXPLOITATION AND SUSTAINABILITY -- ABSTRACT -- 1. INTRODUCTION -- 2. TRADITIONAL NAURUAN CULTURE -- 3. NAURU ENTERS THE MODERN WORLD -- 4. HUMAN AND ENVIRONMENTAL SUSTAINABILITY:NAURU AS A MICROCOSM OF THESE GLOBAL CRISES -- 5. THE EFFECTS OF PHOSPHATE MININGON THE PEOPLE AND LAND OF NAURU -- 5.1. Deteriorating Health -- 5.2. Biological Devastation -- 6. ABERRATION OR WARNING:WHAT CAN NAURU TELL US ABOUT SUSTAINABILITY? -- 7. DO CULTURES "CHOOSE" TO SUCCEED OR FAIL? -- 8. INDIVIDUAL INITIATIVE AND THE COMMON GOOD -- 9. CONCLUSION -- REFERENCES -- THE POTENTIAL ROLE OF BIOMASS ENERGYIN THE SUSTAINABLE DEVELOPMENT OF SMALLISLAND ECONOMIES: THE CASE FOR TUVALU -- ABSTRACT -- 1. INTRODUCTION -- 2. BACKGROUND -- 2.1. Economy -- 3. CURRENT ENERGY SUPPLY AND USE IN TUVALU -- 3.1. Current Biomass Energy Use and Availability of Unused BiomassResidues in Tuvalu -- 3.2. Continued Traditional Use of Biomass Energy -- 4. ESTIMATE OF COCONUT PRODUCTION -- 5. ESTIMATE OF UNUSED PIG WASTE FOR BIOGASS IN TUVALU -- 6. PROBLEMS / CONSTRAINTS AND STRATEGIES FOR BIOMASSENERGY IMPLEMENTATION -- 6.1. Management and Service Provision -- 7. CONCLUSION -- ACKNOWLEDGEMENTS -- REFERENCES -- AID TO SMALL FRAGILE ECONOMIES:ALLOCATION AND EFFECTIVENESS ISSUES -- ABSTRACT -- 1. INTRODUCTION -- 2. HOW SHOULD AID BE ALLOCATED? -- 3. HOW IS AID ALLOCATED? -- 4. FACTORING-IN FRAGILITY: WHERE TO FROM HERE?.

ACKNOWLEDGEMENTS -- REFERENCES -- ECONOMIC GROWTH AND DEVELOPMENTCHALLENGES IN TONGA:TRADE, AID AND REMITTANCE -- ABSTRACT -- 1. INTRODUCTION -- 2. MACROECONOMIC PERFORMANCE OF THE ECONOMY -- 2.1. Economic Growth and Development -- 2.2. Contribution of Trade Sectors -- 3. ECONOMIC CHALLENGES OF OUTPUT VOLATILITYAND VULNERABILITY -- 4. FOREIGN AID, REMITTANCES AND POLICIES IN TONGA -- 4.1. Foreign Aid -- 4.2. Private Remittances -- 4.3. Policies and Reforms -- 5. CONCLUSION -- REFERENCES -- SMALL ECONOMIES AND POVERTY REDUCTION:HOW RELEVANT IS THE MDG POVERTY TARGET? -- ABSTRACT -- 1. INTRODUCTION -- 2. THE WORLD ACCORDING TO THE INTERNATIONAL POVERTY LINE -- 3. HOW USEFUL IS THE INTERNATIONAL POVERTY LINEAT THE NATIONAL LEVEL? -- 4. POVERTY REDUCTION IN SMALL ECONOMIES -- Caribbean Small Economies -- Pacific Small Economies -- African Small Economies -- Other Small Economies -- 4. CONCLUSION -- APPENDIX 1. SMALL ECONOMIES BY POPULATION,POPULATION RANK AND GNP PER CAPITA -- REFERENCES -- THE IMPACTS OF AN INCREASE IN TROPICALCYCLONE ACTIVITY ON TOURISM IN MAURITIUS -- ABSTRACT -- 1. INTRODUCTION -- 2. THE CHOICE PROBLEM OF AN INTERNATIONAL TOURIST -- 3. DATA AND EMPIRICAL ISSUES -- 3.1. Travel Cost (P) -- 3.2. Income (Y) -- 3.3. Population (Z) -- 3.4. Biodiversity (B) -- 3.5. Extreme Weather Conditions (N) -- 4. CONCLUSION -- APPENDIX -- REFERENCES -- THE ADVANTAGES OF DIVERSIFICATION:PROFIT/SITE VERSUS MIRABSMALL-ISLAND PROFILES -- ABSTRACT -- 1. INTRODUCTION -- 2. LITERATURE REVIEW -- 3. METHODOLOGY -- 4. RESULTS: PERFORMANCE -- 5. DIVERSIFICATION -- 6. CONCLUSION -- REFERENCES -- UNDERSTANDING THE IMPACTS OF ECOTOURISM INBRUNEI DARUSSALAM: VIEWS OF THE VISITORS -- ABSTRACT -- INTRODUCTION -- PROSPECTS OF ECOTOURISM -- RESEARCH METHODOLOGY -- VISITOR PROFILE AND VISIT CHARACTERISTICS -- VISITOR PERCEPTIONS OF IMPACTS AND MANAGEMENT CONCERNS.

POLICY DIRECTIONS AND MANAGEMENT STRATEGIES -- CONCLUSIONS -- REFERENCES -- SAVINGS, INVESTMENT, POLICIES AND GROWTH:ISSUES OF ECONOMIC DEVELOPMENT IN FIJI -- ABSTRACT -- 1. INTRODUCTION -- 2. LITERATURE REVIEW:SAVINGS-INVESTMENT-GROWTH PERSPECTIVES -- 3. ECONOMIC GROWTH FACTORS IN FIJI: TRENDS AND PATTERNS -- 3.1. Labour and Capital Accumulation -- 3.2. Savings and Investment Performance -- 4. ECONOMIC POLICY AND STRUCTURAL CHANGES -- 5. EMPIRICAL ESTIMATION: DATA, METHODOLOGY AND MODELS -- 6. EMPIRICAL RESULTS: PRIVATE SAVINGS FUNCTION -- 7. CONCLUSION -- ACKNOWLEDGEMENT -- REFERENCES -- "FIJI, YOU ARE THE WAY THE WORLD SHOULDBE"- SO WHY IS EVERYONE LEAVING?FORECASTING FIJI-AUSTRALIA MIGRATIONOVER THE NEXT DECADE -- ABSTRACT -- 1. INTRODUCTION -- 2. TRENDS IN OUTWARD MIGRATION FROM FIJI -- 3. METHODOLOGY AND MODE -- 3.1. Methodology -- 3.2. Model -- 4. EMPIRICAL RESULTS -- 4.1. Forecasts -- 5. CONCLUSION -- ACKNOWLEDGEMENTS -- REFERENCES -- WHY ARE TAX HAVENS IN SMALL STATES? -- ABSTRACT -- 1. INTRODUCTION -- 2. RELATIVE CONTRIBUTIONS -- 3. DOMESTIC POLITICS -- 4. LEGAL LABORATORIES -- 5. ISOLATION FROM OPPOSITION -- 6. CONCLUSION -- REFERENCES -- THE JOYS AND WOES OF ECONOMIC REFORM INA MICROSTATE: THE CASE OF THE COOK ISLANDS -- ABSTRACT -- INTRODUCTION -- VULNERABILITY -- A CASE OF BUOYANCY? -- EARLY HISTORY -- A MICROSTATE EMERGES -- ONGOING CHALLENGES AND GOVERNMENT RESPONSES -- ECONOMIC RESTRUCTURING -- LESSONS FOR PRIVATIZATION IN MICRO-ECONOMIES -- REGIONAL BASED RESPONSES -- CONCLUSION -- REFERENCES -- BALANCE OF PAYMENTS ADJUSTMENT IN GUYANA:IS THERE A ROLE FOR INFORMAL INSTITUTIONS? -- ABSTRACT -- 1. INTRODUCTION -- 2. FROM ACCOMMODATING FINANCING TO ADJUSTMENT? -- 2.1. The Pre-Reform Period -- 2.2. Adjustment under the ERP -- 3. INFORMAL INSTITUTIONS AND ADJUSTMENT -- 4. CONCLUSION -- ACKNOWLEDGEMENTS -- REFERENCES.

TOWARDS DEMOCRACY:REBUILDING ENVIRONMENTAL GOVERNANCEAND INSTITUTIONS IN TIMOR-LESTE -- ABSTRACT -- 1. INTRODUCTION -- 2. CONTEXT AND HISTORY9 -- 2.1. Location and People -- 2.2. Occupation and Invasion -- 2.3. Political Parties -- 2.4. Agricultural and Subsistence Based Economy -- 2.5. Land Tenure Systems -- 3. 1999 CHAOS: LAND AND PROPERTY DESTRUCTIONAND MASS DISPLACEMENT -- 4. UNITED NATIONS AND LAND POLICY -- 4.1. Policy Omissions -- 4.2. Constitution Written -- 5. 2006 VIOLENCE AND LAND: THE CRITICAL PRIZE? -- 5.1. Causes of Violence -- 5.2. Old Grievances: Cultural/Ethnic Splits -- 5.3. Hope for the Future? -- 6. CONCLUSION -- APPENDIX 1:TIME LINE OF KEY EVENTS IN THE EAST TIMOR HISTORY -- REFERENCES -- GLOBALIZATION AND GOVERNANCE:CHALLENGES FOR SMALL STATES -- ABSTRACT -- 1. INTRODUCTION -- 2. IMPLICATIONS OF GLOBALIZATIONFOR GROWTH IN SMALL STATES -- 3. DEFINING GOOD GOVERNANCE -- 4. COMMON POLITICAL CHARACTERISTICS OF SMALL STATES -- Relative Democratic -- Proportionally Large Governments and Political Centralization -- High Degree of Social Cohesion -- External Dependency -- 5. GOOD GOVERNANCE AND ECONOMIC DEVELOPMENT DEBATE -- 6. GOVERNANCE REQUIREMENTS FOR SMALL STATESTO SURVIVE GLOBALIZATION -- Decentralisation -- More Regional Cooperation -- Maintaining a Certain Degree of Autonomy -- REFERENCES -- CATCHING UP PROCESS IN THE CASE OF SMALLPOST-SOCIALIST ECONOMY:THE LESSONS OF ESTONIA -- ABSTRACT -- 1. INTRODUCTION -- 1.1. A framework for Exploring Economic Convergence and Catching UpProcesses -- 2. THE CORNERSTONES OF ESTONIAN ECONOMIC POLICY ANDTHE RECENT ECONOMIC DEVELOPMENTS -- 2.1. Initial Conditions and Main Policy Options -- 2.2. Recent Development of the Estonian Economy -- 3. CATCHING UP PROCESS OF THE ESTONIAN ECONOMY -- 3.1. Income Convergence toward EU-15 Average Level.

3.2. Convergence Program and Shifts to Innovationbased EconomicDevelopment.