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Our small island economy always had the issue of the high fuel bill, which drained a lot of foreign exchange.
As a small island economy where almost everyone knows somebody in authority, the informal structure is often stronger than the formal decision-making process - and that can have great advantages for busting logjams.
Cyprus is a small island economy, but it is important to find a way to make a bailout sustainable so that any money provided is repaid, because of hostile public opinion in countries such as Germany, Finland and the Netherlands.
Cuba is a small island economy of very limited scale.
Although the global economic and financial crisis buffeted Bermuda's small island economy and resulted in the worst economic contraction since 1992, signs of a gradual recovery are emerging.
Notwithstanding remarkable progress in recent years, Seychelles still faces vulnerabilities and pressures, as a small island economy in a challenging global economic environment.
While a small island economy, the difficulty with Cyprus is finding a way to make a bailout sustainable so that any money provided is repaid, especially given that public opinion in countries such as Germany, Finland and the Netherlands.
As a small island economy, Bermuda is vulnerable to external dynamics, such as commodity price shocks and economic downturn in trading partners.