On the 50th Anniversary of the Independence of Mauritius, the University of Mauritius invited Professor Lino Briguglio to deliver a keynote speech on 'The Vulnerability and Resilience of Small States with special reference to Mauritius'. His intervention was featured in the press of Mauritius.
Prof. Briguglio argued that small states face a number of constraints in view of the small size (limiting the ability to benefit from economies of scale) and their high degree of openness (rendering them highly exposed to external shocks). 'However', Prof. Briguglio maintained, 'the economic governance of such states enables them to recover or withstand such shocks. As a result, many small states, including Mauritius, Singapore and Malta, achieve economic success.'