More than a quarter of World Bank members are countries with a population below 1.5 million. Despite the diversity in size, development and geographic location, these countries share challenges associated with the size of their economies, remoteness and isolation.
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— The Pacific Island nations' unique environment brings development challenges which a regional approach can help overcome, writes Axel Van Trotsensburg, World Bank Vice President for East Asia and Pacific.
— A new initiative could be a game changer for some states - helping them improve their ability to measure and apply disaster risk data and establish stronger catastrophe risk identification and risk financing strategies.