The Gozo workshop on economic resilience of small states

Abstract

In April 2006, the Commonwealth Secretariat and the Islands and Small States Institute of the University of Malta organised a workshop on economic resilience building in small states. The objectives of the workshop were to discuss the methodology of indicator construction and to propose ways in which an economic resilience index can be constructed with the aim of (a) supporting decision-making relating to resilience building to enable small states to withstand their inherent economic vulnerability and (b) setting targets, monitoring developments and establishing good practice benchmarks with regard to resilience building. Another aim of the workshop was to issue a statement on the need for economic resilience building in small states.