Working Smart and Small: The Role of Knowledge-based and Service Industries in Growth Strategies for Small StatesCommonwealth Secretariat, 2008 - 149 pagini Small states face serious challenges for development due to their size, remoteness and vulnerability. In recent years, the prospects for small states have deteriorated further due to preference erosion and the emergence of larger competitors such as India and China. Working Smart and Small suggests how small states can reposition themselves in the global economy and move into knowledge-based and service industries. Part I provides an overview of general factors stimulating or constraining the development of services sector and trade in services. It also identifies key trends and provides analysis. Part II gives six case study examples of how some small states have promoted knowledge-based and service industries in their economies. The small states studied, from different regions and income groups, are Botswana, Mauritius, St. Lucia, Singapore, United Arab Emirates and Vanuatu. The studies cover the performance and supporting factors in five promising service sectors: the financial sector, information and communication technologies, education, professional services and tourism. Part III considers the policy implications. This book will be of particular interest to economic policy-makers and researchers working on issues of concern to small states. |
Cuprins
old and new challenges | 5 |
Opportunities for small states | 13 |
Botswana | 43 |
Mauritius | 59 |
St Lucia | 79 |
Singapore | 91 |
United Arab Emirates | 105 |
Vanuatu | 117 |
Conclusions and implications | 137 |
145 | |
Termeni și expresii frecvente
activities annual appropriate Association attract authors average Based Botswana Bound business services capacity capital Caribbean cent centre Chart commitments communications companies compared competitive constraints contribution costs countries direct domestic Dubai economy employment established example external financial services foreign framework further growth growth rate higher important improve income increased indicators industry infrastructure initiatives institutions investment Islands limited major manufacturing Mauritius ment middle million mobile Notes offshore operations Organisation Pacific Panama performance Plan population Price private sector promote provides recent regional regulatory Report restrictions service exports services sector share Singapore skills Source St Lucia strategy studies successful Table telecommunications tertiary education tion total trade tourism trade in services transport UNCTAD United Vanuatu various World Bank 2006