Small States: Economic Review and Basic Statistics, Volume 22

The Small States Review and Basic Statistics is a flagship publication of the Commonwealth Secretariat highlighting the development indicators of Commonwealth Small States and disseminating knowledge of their economic performance.

Table of Contents

• Part 1. The long road to recovery in Commonwealth small states
• 1. The economic impacts of overlapping shocks
• Key messages
• 1.1. Introduction
• 1.2. Recovery in an uncertain world
• 1.3. Inflation trends across Commonwealth small states
• 1.4. Growing fiscal pressure
• 1.5. Current account trends across Commonwealth small states
• 2. Socio-economic implications of recurring shocks
• Key messages
• 2.1. The effects on food security
• 2.2. Poverty implications of shocks in CWSS
• 2.3. Multidimensional impacts of shocks on education and health outcomes
• 2.4. The gendered impact of shocks and impacts on other marginalised groups
• 2.5 Implications for attainment of the Sustainable Development Goals
• 3. Thematic issues affecting Commonwealth small states: key economic drivers in CWSS and the need for resilience building
• Key messages
• 3.1. Vulnerabilities from multiple angles
• 3.2. Tourisms recovery post-COVID
• 3.3. Foreign direct investment trends across CWSS
• 3.4. CWSS and remittances
• 3.5. CWSS and agriculture, forestry and fishing
• 4. Rising debt and debt servicing costs: implications for sustainable development in small states
• Key messages
• 4.1. Recent trends in debt across CWSS
• 4.2. Debt distress in CWSS
• 4.3. The cost of the cost of borrowing
• 5. Building resilience: the path forward for Commonwealth small states
• References
• Part 2. Preserving paradise: towards regenerative tourism for resilience
• 6. Introduction
• 6.1. Sustainable and regenerative tourism: two sides of the same coin?
• 6.2. Experiences across CWSS
• 7. The Belize story: a holistic path to sustainable tourism
• 7.1. Overview
• 7.2. A multi-stakeholder approach to sustainable tourism
• 7.3. Funding mechanisms for conservation and sustainable tourism
• 7.4. Preserving Belizes rich cultural history through tourism
• 7.5. Paving the way for sustainable and regenerative tourism through eco-tourism
• 7.6. Key lessons
• 8. Preserving the natural heritage of Seychelles through sustainable tourism
• 8.1. Overview
• 8.2. Pioneering innovative financing and fostering partnerships for sustainable tourism8.3 Promoting sustainable and regenerative travel through the Sustainable Seychelles Certification Programme
• 8.4 Seychelles growing eco-tourism landscape and sustainability practices
• 8.5. Restoring the beauty of Seychelles coral reefs
• 8.6. Key lessons
• 9. Embracing sustainable tourism for a resilient, inclusive and green Samoa
• 9.1. A jewel in the Pacific: overview and background
• 9.2. Government-led sustainability: proactive actions and policies
• 9.3. The role of the hospitality and transport sector
• 9.4. Empowering communities: the importance of local involvement
• 9.5. Preserving nature: environmental initiatives
• 9.6. Regenerative tourism initiatives
• 9.7. Key lessons
• 10. Recovering, rethinking and revitalising the tourism industry in Malta
• 10.1. Overview
• 10.2 Strategy: recover, rethink, revitalise
• 10.3. Environmental and circular economy approaches
• 10.4. Community, culture and public involvement
• 10.6. Key lessons
• 11. Conclusions
• References
• Statistical annexes