Building economic resilience in Commonwealth Small States through collective action

Building economic resilience in Commonwealth Small States through collective action

By Dr Thomas Munthali The year 2025 marked a defining moment for the global economy — and an especially consequential one for small and vulnerable states. As the world grappled with geopolitical tensions, trade fragmentation, energy transitions and tightening fiscal and financial conditions, uncertainty became the new normal. For small states, already navigating narrow economic bases and heightened exposure to external shocks, the stakes could n…