Building the Resilience of Small States

Building the Resilience of Small States
Author: Denny Lewis-Bynoe
Publisher: Commonwealth Secretariat
Total Pages: 255
Release: 2014-09-08
Genre: Business & Economics
ISBN: 1849291284

Some small states enjoy relatively high GDP per capita –giving the impression of economic strength – when in reality these economies are fragile and disproportionately affected by adverse economic shocks, natural disasters and extreme weather events. The Commonwealth resilience framework has been developed to identify both the national policies required to build resilience and the areas in which regional and international development partners can provide support. This study refines and expands the framework to cover areas such as governance, environmental management and social development. It proposes policy measures for building resilience and ways in which the resilience framework for small states can be embedded in national planning to help stakeholders to agree priority areas for policy intervention.

Building Resilience to Natural Disasters: An Application to Small Developing States

Building Resilience to Natural Disasters: An Application to Small Developing States
Author: Ricardo Marto
Publisher: International Monetary Fund
Total Pages: 28
Release: 2017-10-30
Genre: Business & Economics
ISBN: 1484326296

We present a dynamic small open economy model to explore the macroeconomic impact of natural disasters. In addition to permanent damages to public and private capital, the disaster causes temporary losses of productivity, inefficiencies during the reconstruction process, and damages to the sovereign's creditworthiness. We use the model to study the debt sustainability concerns that arise from the need to rebuild public infrastructure over the medium term and analyze the feasibility of ex ante policies, such as building adaptation infrastructure and fiscal buffers, and contrast these policies with the post-disaster support provided by donors. Investing in resilient infrastructure may prove useful, in particular if it is viewed as complementary to standard infrastructure, because it raises the marginal product of private capital, crowding in private investment, while helping withstand the impact of the natural disaster. In an application to Vanuatu, we find that donors should provide an additional 50% of pre-cyclone GDP in grants to be spent over the following 15 years to ensure public debt remains sustainable following Cyclone Pam. Helping the government build resilience on the other hand, reduces the risk of debt distress and at lower cost for donors.

Building a Resilient Tomorrow

Building a Resilient Tomorrow
Author: Alice C. Hill
Publisher: Oxford University Press, USA
Total Pages: 265
Release: 2020
Genre: Climate change mitigation
ISBN: 019090934X

Even under the most optimistic scenarios, significant global climate change is now inevitable. While squarely confronting the scale of the risks we face, Building a Resilient Tomorrow presents replicable sustainability successes and clear-cut policy recommendations that can improve the climate resilience of communities in the US and beyond.

Achieving a Resilient Future for Small States

Achieving a Resilient Future for Small States
Author: Denny Lewis-Bynoe
Publisher: Commonwealth Secretariat
Total Pages: 229
Release: 2016-04-01
Genre: Business & Economics
ISBN: 1849291462

The Caribbean faces numerous economic, social and environmental challenges, with current projections predicting the road ahead to be filled with low levels of growth, high debt and low resilience. In Achieving a Resilient Future for Small States: Caribbean 2050, the contributors set out a long-term, research-based strategy for avoiding these projections, recommending a number of policy interventions aimed at building the region’s resilience and development prospects. Written by influential analysts and researchers and drawing on a wide cross-section of regional stakeholders and thought leaders, the study contains an assessment of the main challenges and opportunities for the region, scenario modelling of where the region could be by 2050, and a broad vision for the region with sector specific goals of how to get there.

Anthropocene Islands

Anthropocene Islands
Author: Jonathan Pugh
Publisher: University of Westminster Press
Total Pages: 261
Release: 2021-06-09
Genre: Social Science
ISBN: 1914386019

'A must read … a new analytical agenda for the Anthropocene, coherently drawing out the power of thinking with islands.' – Elena Burgos Martinez, Leiden University ‘This is an essential book. [The] analytics they propose … offer both a critical agenda for island studies and compass points through which to navigate the haunting past, troubling present, and precarious future.’ – Craig Santos Perez, University of Hawai’i, Manoa ‘All academic books should be like this: hard to put down. Informative, careful, sometimes devasting, yet absolutely necessary - if you read one book about the Anthropocene let it be this. You will never think of islands in the same way again.’ – Kimberley Peters, University of Oldenburg ‘ … a unique journey into the Anthropocene. Critical, generous and compelling’. — Nigel Clark, Lancaster University The island has become a key figure of the Anthropocene – an epoch in which human entanglements with nature come increasingly to the fore. For a long time, islands were romanticised or marginalised, seen as lacking modernity’s capacities for progress, vulnerable to the effects of catastrophic climate change and the afterlives of empire and coloniality. Today, however, the island is increasingly important for both policy-oriented and critical imaginaries that seek, more positively, to draw upon the island’s liminal and disruptive capacities, especially the relational entanglements and sensitivities its peoples and modes of life are said to exhibit. Anthropocene Islands: Entangled Worlds explores the significant and widespread shift to working with islands for the generation of new or alternative approaches to knowledge, critique and policy practices. It explains how contemporary Anthropocene thinking takes a particular interest in islands as ‘entangled worlds’, which break down the human/nature divide of modernity and enable the generation of new or alternative approaches to ways of being (ontology) and knowing (epistemology). The book draws out core analytics which have risen to prominence (Resilience, Patchworks, Correlation and Storiation) as contemporary policy makers, scholars, critical theorists, artists, poets and activists work with islands to move beyond the constraints of modern approaches. In doing so, it argues that engaging with islands has become increasingly important for the generation of some of the core frameworks of contemporary thinking and concludes with a new critical agenda for the Anthropocene.

Handbook of Governance in Small States

Handbook of Governance in Small States
Author: Lino Briguglio
Publisher: Routledge
Total Pages: 484
Release: 2020-12-18
Genre: Political Science
ISBN: 0429590121

This volume covers a wide spectrum of governance issues relating to small states in a global context. While different definitions of governance are given in the chapters, most authors associate governance with the setting and implementation of policies aimed at managing a country or territory, and with the related institutional structures and interventions by political actors. Generally, good governance is associated with concepts such as policy effectiveness, accountability, transparency, control of corruption, encouragement of citizens’ voice and gender equality—factors which are, in turn, linked with democracy. What emerges from the book is that the societies of small states are being re-shaped by various forces outside their control, including the globalization process and climate change, rendering their governance ever more complex. These problems are not solely faced by small states, but small country size tends to lead to a higher degree of exposure to external factors. The chapters are grouped into four sections broadly covering political, environmental, social and economic governance. Governance is influenced by many, often intertwined, factors; the division of the book into four parts therefore does not detract from the fact that governance is multifaceted, and such division was based on the primary focus of each particular study and its main disciplinary background. The expert authors have, moreover, used a variety of approaches in the studies, the subject of small states being well suited to scholarly work from different disciplines using qualitative, quantitative and mixed approaches to arrive at useful conclusions.

Unbreakable

Unbreakable
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 380
Release: 2016-11-24
Genre: Nature
ISBN: 1464810044

'Economic losses from natural disasters totaled $92 billion in 2015.' Such statements, all too commonplace, assess the severity of disasters by no other measure than the damage inflicted on buildings, infrastructure, and agricultural production. But $1 in losses does not mean the same thing to a rich person that it does to a poor person; the gravity of a $92 billion loss depends on who experiences it. By focusing on aggregate losses—the traditional approach to disaster risk—we restrict our consideration to how disasters affect those wealthy enough to have assets to lose in the first place, and largely ignore the plight of poor people. This report moves beyond asset and production losses and shifts its attention to how natural disasters affect people’s well-being. Disasters are far greater threats to well-being than traditional estimates suggest. This approach provides a more nuanced view of natural disasters than usual reporting, and a perspective that takes fuller account of poor people’s vulnerabilities. Poor people suffer only a fraction of economic losses caused by disasters, but they bear the brunt of their consequences. Understanding the disproportionate vulnerability of poor people also makes the case for setting new intervention priorities to lessen the impact of natural disasters on the world’s poor, such as expanding financial inclusion, disaster risk and health insurance, social protection and adaptive safety nets, contingent finance and reserve funds, and universal access to early warning systems. Efforts to reduce disaster risk and poverty go hand in hand. Because disasters impoverish so many, disaster risk management is inseparable from poverty reduction policy, and vice versa. As climate change magnifies natural hazards, and because protection infrastructure alone cannot eliminate risk, a more resilient population has never been more critical to breaking the cycle of disaster-induced poverty.

Lifelines

Lifelines
Author: Stephane Hallegatte
Publisher: World Bank Publications
Total Pages: 316
Release: 2019-07-16
Genre: Business & Economics
ISBN: 1464814317

Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.