COMPETITIVENESS STRATEGIES FOR SMALL STATES Edited by: Lino Briguglio and Gordon Cordina Published in 2004 by the Islands and Small States Institute of the University of Malta in collaboration with the Commonwealth Secretariat. ISBN 9909-49-20-4. This 360 page book contains 20 chapters, with an introduction by the editors and contributions by various authors. It also contains a subject and an author index. This book is very much inspired by the notion that competitiveness has a significant role to play in the development of small states, particularly in the current wave of globalisation. In a globalised free trade context, competitiveness is the means for firms as well as for countries to survive and thrive. This is because the alternative to competitiveness, namely protection from competition, has time and again resulted in inefficiencies and poor returns. It is only through enhanced competitiveness that living standards can be maintained and upgraded over time. At the same time, however, competitiveness should be fair and on a level playing field. In the case of small states, this consideration is important due to their inherent weaknesses and vulnerabilities, which may hamper them from effectively participating in the international trade arena.” In his foreword Professor Victor Ayeni, Director of the Governance and Institutional Development Division of the Commonwealth Secretariat states “This volume is a welcome addition to the literature on competitiveness, which is growing at a fast pace, and which brings to the fore the need for long-term policies, as against short term demand management options. The authors are all experts in their fields, and they bring national and regional insights into the competitiveness issue, which, through the WTO, the World Bank, and other organisations, has assumed an international dimension. I wish to congratulate Lino Briguglio and Gordon Cordina for their work in assembling together such a wide collection of papers, authored by experts from all regions of the world. The Governance and Institutional Development Division of the Commonwealth Secretariat is particularly proud to be associated with this project which gave rise to this book. We are pleased to include this book in our portfolio of publications and hope that it serves to improve knowledge on competitiveness, to encourage good practice in small states and to disseminate information about the special circumstance of these states.” Further information about this book is available from the Islands and Small States Institute, Guze Cassar Pullicino Building, University of Malta, Msida MSD 2080, Malta: Tel: +(356) 23402117; Fax: +(356) 21344879; email: islands @um.edu.mt. CONTENTS FOREWORD. Professor Victor Ayeni Chapter 1. INTRODUCTION. Lino Briguglio and Gordon Cordina and RM Endeley Chapter 2. TRENDS IN SINGAPORE’S COMPETITIVENESS. Manu Bhaskaran Chapter 3. PRODUCTIVITY MEASUREMENT IN BARBADOS: ENTERPRISE AND NATIONAL INITIATIVES. Andrew S Downes Chapter 4. MALTA’S COMPTITIVNESS STANDING AND THE EU LISBON AGENDA. Lino Briguglio and Gordon Cordina Chapter 5. DETERMINANTS OF INTERNATIONAL COMPETITIVENESS: THE CASE OF SLOVENIA AND OTHER CEE CONOMIES. Art Kovačič and Peter Stanovnik Chapter 6. COMPETITIVENESS STRATEGIES IN THE SOUTH PACIFIC ISLAND COUNTRIES. T. K. Jayaraman Chapter 7. ENHANCING COMPETITIVENESS OF FIJI’S ECONOMY. Mahendra Reddy Chapter 8. JAMAICA IN INTERNATIONAL COMPETITION. Alvin G. Wint Chapter 9. OKINAWA’S COMPETITIVENESS CHALLENGES FOR SELF-RELIANT ECONOMIC DEVELOPMENT. Hiroshi Kakazu Chapter 10. COMPETITIVENESS IN SMALL, OPEN MINERAL-BASED ECONOMIES: THE CASE OF TRINIDAD AND TOBAGO ECONOMY. Dennis Pantin and Roger Hosein Chapter 11. COMPETITIVENESS AND LONG TERM GROWTH IN THE SURINAME ECONOMY. Pitou van DijcK Chapter 12. COMPETITIVENESS AND PRODUCTIVITY IN MAURITIUS. Nikhil Treebhoohun Chapter 13. PROSPECTS FOR ECONOMIC COMPETITIVENESS IN LESOTHO. Ramoshebi Moletsane and Sekone Masia Chapter 14. SMEs AND ENTREPRENEURSHIP DEVELOPMENT IN BAHRAIN. Hashim Suliman Hussein and Raman Jaggi Chapter 15. THE GAMBIA - TRIALS OF A SMALL OPEN ECONOMY. Baba-Mustafa Marong Chapter 16. PARADIGMS, PUBLIC INSTITUTIONS AND COMPETITIVENESS: A CASE STUDY OF BELIZE. David Gomez Chapter 17. COMPETITIVENESS – A PRIMARY REQUISITE FOR CYPRUS. Chris Mavris Chapter 18. SOCIAL CONSENSUS AND COMPETITIVENESS STRATEGIES: THE CASE OF DOMINICA. Rhoda Letang Chapter 19. SMALL ISLAND DEVELOPING STATES AND AGRICULTURAL TRADE LIBERALIZATION. Luca MongeRoffarello, Michael Swidinsky and David Vanzetti Chapter 20. A CASE FOR SPECIAL TREATMENT OF SMALL STATES. Assad Bhuglah SUBJECT INDEX AUTHOR INDEX