Publications
Gordon, Allison L. & Faley, Timothy L
The following are publications were authored by Dr. Allison Gordon
Dr. Timothy Faley. The two are currently working on more studies focused on the The economic vulnerability of small-island developing states (SIDS).
Gordon, Allison L. & Faley, Timothy L. (2021), Economic resiliency to macro-economic shocks of two SIDS: United States Virgin Islands and Aruba, having similar economies and dissimilar economic policies
This study compares the economic impact on the United States Virgin Islands (USVI) and Aruba, two SIDS whose small-business, entrepreneurially-focused economies that are largely dependent on tourism, to two identical macroeconomic shocks. The United States Virgin Islands (USVI) and Aruba are island states with many similarities, including similar economies, but differ from one another on their approach to economic growth, development, or industrialization. This study shows that the two states demonstrated significantly different levels of economic resiliency in face of nearly identical macroeconomic shocks, inferring that regional economic policies, counter to the common perception, can indeed positively impact SIDS economic outcomes. | read more>>
