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ORGANIZATION  FOR  THE  SMALLEST  ECONOMIES  IN  THE  WORLD

Organization for the Smallest Economies in the World (OSEW)

is a knowledge hub for data, analysis, reports, and best practices, a center for research and consultancy

dedicated to supporting the World’s Smallest Economies

The prevailing global tendency to prioritize large economies, particularly those that constitute the core of the global economy, results in the smallest economies being overlooked. Despite all nations being granted equal status as members of the United Nations, where each of the 193 countries has one vote, regardless of its size, population, economic potential, or level of economic development, the World's Smallest Economies remain largely unnoticed by the global community. They receive minimal attention from scholars, policymakers, and world leaders and only sporadically appear in the media in the context of occasional incidents.

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Meanwhile, there are numerous reasons why the world should pay greater attention to the World’s Smallest Economies—both because of the challenges they face (e.g., limited diversification, dependence on imports, restricted access to international markets, limited public and private sector capacity, reliance on larger economies, and environmental pressures), and because of their untapped potential (e.g., human resources, valuable mineral resources, favorable coastal locations with warm climates, pristine natural environments, and unique cultural heritage). Moreover, given the growing demand from larger economies for land, mineral resources, and human resources, greater integration of the World’s Smallest Economies into the global economy will follow, and consequently, their significance on the international stage will grow.

Supporting the World's Smallest Economies fosters sustainable global development 

and contributes to lasting international stability and peace

Given the heterogeneity of the World’s Smallest Economies, including their diverse levels of economic development

—from highly developed to underdeveloped nations —OSEW has set forth a broad spectrum of objectives:

o   Increase global awareness of the World’s Smallest Economies

o   Promote international cooperation of the World’s Smallest Economies

o   Enhance global understanding of the challenges faced by the World’s Smallest Economies

o   Contribute to the improvement of living conditions in the least developed World's Smallest Economies

o   Facilitate the exchange of knowledge, technology, and best practices across the World’s Smallest Economies

o   Provide support for sustainable economic, social, and environmental development of the World's Smallest Economies

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OSEW facilitates the exchange of knowledge and best practices

across the World's Smallest Economies, enabling the least developed economies to benefit from the experiences of more developed ones with the aim

of strengthening their socioeconomic development

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      High Income

Upper Middle Income

Lower Middle Income

Low Income

Andorra
Antigua and Barbuda
Bahamas
Barbados
Brunei
Cyprus
Estonia
Iceland
Liechtenstein
Malta
Monaco
Saint Kitts and Nevis 
San Marino
Seychelles
Trinidad and Tobago

Albania
Armenia
Belize
Bosnia and Herzegovina
Botswana
Montenegro
Djibouti
Dominica
Equatorial Guinea
Fiji
Gabon
Grenada
Georgia
Guyana
Jamaica
Maldives
Mauritius
Mongolia
Namibia
Nauru
Northern Macedonia
Palau
Saint Vincent and the Grenadines
Saint Lucia
Surinam
Tonga
Eswatini

Benin
Bhutan
Cambodia
Cape Verde
Comoros
Congo
El Salvador
Haiti
Honduras
Kiribati
Kyrgyzstan
Laos
Lesotho
Marshall Islands
Mauritania
Micronesia
Moldova
Nicaragua,
Papua New Guinea
Saint Thomas and Principe
Samoa
Senegal
Solomon Islands
South Sudan
Tajikistan
Tuvalu
Vanuatu
Zimbabwe

Afghanistan
Burkina Faso
Burundi
Central African Republic
Chad
East Timor
Eritrea
Gambia
Guinea
Guinea-Bissau
Liberia
Madagascar
Malawi
Mali
Mozambique
Nepal
Niger
North Korea
Rwanda
Sierra Leone
Somalia
Togo
Yemen

1%
of global GDP
93 smallest economies in the world

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70.5% of GDP
12 largest economies
in the world

THE SMALLEST  ECONOMIES  IN  THE  WORLD

The concept of the Organization of the Smallest Economies in the World (OSEW) was initiated by

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Aneta A. Teperek

OSEW Founder

Dr. Aneta A. Teperek   an academic researcher in international economics and a long-standing private sector entrepreneur. Her profound interest in small economies, combined with numerous business visits to many of them, inspired her to conduct in-depth research on the smallest economies in the world, which collectively generated just 1% of global GDP. This research led to her doctoral thesis examining the participation of 93 such economies in globalization, followed by two years of postdoctoral studies that focused on the tourism sector in these countries, and a one-year research project on poverty in the smallest African economies. Moreover, Aneta has authored three academic books analyzing the factors influencing the economic development of the world’s smallest economies. The first, Economic Development in the World’s Smallest Economies: How Geography, Demographics, and Culture Define Economic Activity, focuses on geographical, demographic, and cultural determinants. The second, Long-Term Economic Growth in the World’s Smallest Economies: Historical, Political, and Economic Aspects, examines historical, political, international, and economic influences. In her third book, 93 Countries, but Only 1% of Global GDP: Intensity of Integration of the World’s Smallest Economies into the Global Economy, she investigates the extent of these economies’ integration into the global economy using a variety of economic, financial, and social measurmenst. This extensive and long-term research became both the foundation and the motivation for establishing OSEW.

99 Wall Street #1493, New York, NY 10005, USA
info@osew.org

 OSEW is managed by Organization for the Smallest Economies in the World Inc.

© 2024 Organization for the Smallest Economies in the World Inc. All Rights Reserved.

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