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Small states, in particular, need to be resilient
•
The international donor community, in supporting the economic
development of SIDS, should take cognizance of these states’
high degree of economic vulnerability and assign major
importance to reinforcing resilience building, so as to enable
these states to strengthen their ability to withstand and cope
with economic shocks.
•
All countries face external economic shocks and therefore need
to be economically resilient, but, as argued above, SIDS are
disproportional exposed to such shocks, and therefore
economic-resilience building is especially important for these
states.
8. Implications of the V&R framework and Concluding remarks