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Growth, Economic Development and Structural Transition in Small Vulnerable States

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  • Robert Read

Abstract

This paper reviews the critical theoretical and policy issues relating to growth, economic development and structural transition in small states. The paper discusses alternative perspectives on small size and highlights the salient characteristics which give rise to their economic sub-optimality. The theoretical and empirical relationship between size and growth is reviewed, including recent inferences relating to structural transition and comparative advantage in small states.

Suggested Citation

  • Robert Read, 2001. "Growth, Economic Development and Structural Transition in Small Vulnerable States," WIDER Working Paper Series DP2001-59, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:dp2001-59
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    Cited by:

    1. Stephen Pilgrim & Sunday Iyare, 2008. "Foreign direct investment (FDI) and the global food crisis. A study of the Windward Islands' agricultural sector," Economics Bulletin, AccessEcon, vol. 3(59), pages 1-15.
    2. Craigwell, Roland C & Thomas, Chrystal, 2010. "Revisiting the effect of country size on taxation in developing countries," MPRA Paper 33470, University Library of Munich, Germany.
    3. Brito, João Antonio, 2015. "Environmental Vulnerability and Economic Growth: Small States vs Large States," MPRA Paper 65694, University Library of Munich, Germany.
    4. Fabiola Gil & Tomaz Dentinho, 2011. "Values and attitudes of entrepreneurs in Sao Tome and Principe: A study based on Q Methodology," ERSA conference papers ersa10p93, European Regional Science Association.
    5. Read, Robert, 2004. "The Implications of Increasing Globalization and Regionalism for the Economic Growth of Small Island States," World Development, Elsevier, vol. 32(2), pages 365-378, February.
    6. Eloi Laurent, 2008. "Economic consequences of the size of nations, 50 years on," Sciences Po publications 2008-26, Sciences Po.
    7. Luca Brandi, 2004. "The Economy of Small States," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 145-173, November-.
    8. Anton Gerunov, 2014. "Openness and Growth : An Empirical Investigation on a Panel of Countries over the Period 1999–2009," Yearbook of the Faculty of Economics and Business Administration, Sofia University, Faculty of Economics and Business Administration, Sofia University St Kliment Ohridski - Bulgaria, vol. 12(1), pages 107-125, March.
    9. Liam Campling & Michel Rosalie, 2006. "Sustaining social development in a small island developing state? The case of Seychelles," Sustainable Development, John Wiley & Sons, Ltd., vol. 14(2), pages 115-125.
    10. Liou, F. M. & Ding, C. G., 2002. "Subgrouping Small States Based on Socioeconomic Characteristics," World Development, Elsevier, vol. 30(7), pages 1289-1306, July.
    11. Dunn, Leslie, 2011. "The Impact of Political Dependence on Small Island Jurisdictions," World Development, Elsevier, vol. 39(12), pages 2132-2146.
    12. Guncavdi, Oner & Kucukcifci, Suat, 2008. "Economic Growth under Embargoes in North Cyprus: An Input-Output Analysis," MPRA Paper 9621, University Library of Munich, Germany.
    13. Chaminda Abeysinghe & Hashan Wijesinghe, 2021. "Political-Economic impact of growing rivalry between china and the Quad Alliance on Small states in Asia: Special Reference to Sri Lanka," Technium Social Sciences Journal, Technium Science, vol. 19(1), pages 545-562, May.
    14. Ahlfeld, Sebastian & Hemmer, Hans-Rimbert, 2006. "Der Beitrag der Geography vs. Institutions-Debatte zur Erklärung von Good oder Bad Governance," Discussion Papers in Development Economics 35, Justus Liebig University Giessen, Institute for Development Economics.
    15. Nir Kshetri, 2023. "The nature and sources of international variation in formal institutions related to initial coin offerings: preliminary findings and a research agenda," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 9(1), pages 1-38, December.
    16. Fen-May Liou & Cherng G. Ding, 2004. "Positioning the non-least-developed developing countries based on vulnerability-related indicators," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(6), pages 751-767.
    17. Armindo Espírito-Santo, 2013. "Abertura ao Exterior: uma inevitabilidade para as pequenas economias insulares e condição essencial para o Desenvolvimento Sustentável de São Tomé e Príncipe," CEsA Working Papers 122, CEsA - Centre for African and Development Studies.
    18. repec:hal:spmain:info:hdl:2441/10049 is not listed on IDEAS
    19. repec:ebl:ecbull:v:3:y:2008:i:59:p:1-15 is not listed on IDEAS
    20. Brito, João Antonio, 2015. "Defining Country Size: A Descriptive Analysis of Small and Large States," MPRA Paper 66149, University Library of Munich, Germany.
    21. Gomes, Charmaine, 2014. "The case of Small Island Developing States of the Caribbean: the challenge of building resilience," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38366, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    22. Brito, João Antonio, 2015. "Social Cohesion and Economic Growth: Small States vs Large States," MPRA Paper 66118, University Library of Munich, Germany.

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