Small States

Economic Review and Basic Statistics, Volume 15

image of Small States

This unique annual collection of key economic and statistical data on states with fewer than five million inhabitants is an essential reference for economists, planners and policy-makers. The Commonwealth’s definition of small states is those with a population of one and a half million or less. For comparison purposes this volume presents, where available, data on states with a population of up to five million.

The book contains 68 tables covering selected economic, social, demographic and Millennium Development Goal indicators culled from international and national sources and presents information unavailable elsewhere. A detailed parallel commentary on trends in Commonwealth small states, looking at growth, employment, inflation, human development, and economic policy, permits a deeper understanding of developments behind the figures.

The book also includes three articles focusing on public private partnerships: Public–Private Partnerships in Mauritius by Vishwanaden Soondram; and Public–Private Partnerships: Mobilising Private Sector Funding and Public–Private Partnerships: Frequently Asked Questions by Hee Kong Yong. Mr Soondram works as a Lead Analyst at the Mauritius Ministry of Finance and Economic Development and Mr Yong works as an Adviser (Public Private Partnerships) in the Government and Institutional Development Division of the Commonwealth Secretariat.



Public–Private Partnerships: Frequently Asked Questions

Historically, the public sector in Commonwealth countries has been the main provider of essential service delivery and infrastructure. However, growing fiscal deficits have limited the capacity of governments to meet infrastructural needs and now represent a major constraint to member countries’ efforts to improve their investment climate. To augment limited public resources for infrastructure, private sector participation should be encouraged through an enabling environment. Most Commonwealth governments have been turning to the private sector as a means of financing infrastructural development through public–private partnerships. It is widely recognised that PPP best practices and processes are still evolving. This chapter, however, attempts to answer some of the questions frequently asked by government officials considering adopting and applying a PPP approach of their own.


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