Sound Governance And The Economic Resilience Of Small States:Case Studies Of Mauritius And Barbados

This thesis seeks to analyse the role of sound governance in the economic resilience-building of small states.Sound governance comprises of collaborative governance,effective policies aimed at growth-enhancement,and the influence of globalization forces that affect developing states.It is used,here,as a component of economic resilience,which compliments market flexibility and macroeconomic policies essential for a country's sustainability.By using Barbados and Mauritius as two case studies of small states' resilience capabilities,this thesis examines the effectiveness of state policies during economic shocks,specifically,the Global Financial Crisis.It presents a comparative analysis using a multi-theoretical framework inclusive of political economy,governance and competitive theories.Findings highlight policy effectiveness as the result of good social dialogue and an adaptability to globalization especially in the business environment.