Development Strategies for the Vulnerable Small Island Developing States (SIDS)
Augustin Fosu () and
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Dede Gafa: Department of Economics, University of Ghana, Legon, Ghana
No 202073, Working Papers from University of Pretoria, Department of Economics
This paper draws on the examples of two well-performing small island developing states (SIDS), Mauritius and Singapore, to provide lessons for vulnerable SIDS on strategies that can help overcome their inherent vulnerabilities and promote economic development. The paper concludes that building human and institutional capacities, boosting exports and infrastructure development, and promoting foreign direct investment and industrialization under a strong public-private sector institutional partnership are key to fostering economic resilience and achieving sustainable development.
Pages: 31 pages
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Persistent link: https://EconPapers.repec.org/RePEc:pre:wpaper:202073
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