SIDS - National self image - characteristics of small states

Question 1

What are characteristics of small states?

Answer 1

1. Exposed to a high degree of economic openness with trade being a high percentage of GDP
2. Has a limited scope of making use of economies of scale.
3. Has a narrow resource base.
4. Dependence on strategic imports (particularly food, energy and industrial supplies.
5. Dependence on a narrow range of exports or services.
6. Heavy dependence on aid and external institutions.
7. Susceptibility to external economic and other shocks.

Question 2

What is the national self image of small states built on?

Answer 2

Perception

Question 3

What are SIDS?

Answer 3

Small island developing states are islands that face unique social, economic and environmental vulnerabilities