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SEMINAR ON ECONOMIC RESILIENCE TO BE HELD AT THE OAS

  September 14, 2007

The Organization of American States (OAS) and the London-based Commonwealth Secretariat will host a seminar next week in Washington, which will study strategies for accelerating the transition of small island developing States (SIDS) from vulnerability to resilience.

The high-level seminar, organized by the OAS Department of Sustainable Development (DSD) and the Economic Affairs Division of the Commonwealth Secretariat, will be held at OAS headquarters on Tuesday, September 18. The forum is part of the Organization’s Seminar Series on Sustainable Development in the Caribbean.

The event takes place in the framework of the request of the International Meeting to Review the Implementation of The Barbados Programme of Action for the Sustainable Development of SIDS, held in Mauritius in January 2005, for the international community to continue supporting SIDS in their efforts at strengthening their economic resilience in order to withstand the effects of adverse economic shocks.

The centerpiece of the seminar will be the presentation of an Economic Resilience Index which was adopted at the International Conference on Small States and Economic Resilience, organized by the Commonwealth Secretariat and the University of Malta, in April 2007. At that conference it was agreed that follow-up work was required to test the practical relevance of the Index for policy formulation at the national, regional and international levels, including its applicability to donor relationships and to the functions of international organizations. The Economic Resilience Index is a composite set of impact indicators that is intended to assist countries in assessing the risks of being harmed by external shocks.

WHAT: Seminar on “Small States in Transition: From Vulnerability to Resilience”

WHEN: Tuesday, September 18

TIME: 9:00 am to 5:00 pm (EST)

VENUE: Padilla Vidal Room
Organization of American States
1889 F Street, N.W.
Washington, DC 20006

Reference: AVI-037/07