<italic>L’objectif de cet article est de construire un indicateur synthétique de la mesure du développement durable pour les petites économies insulaires. Nous proposons une méthodologie permettant d’adapter un outil largement accepté en économie du développement, en l’occurrence...</italic>

This article aims at building a new composite index measuring sustainable development for small island economies. The Human Development Index is adapted to the reality of insularity by taking into account different aspects among which economic vulnerability and environmental sustainability....

This article aims at analyzing the problem of real exchange rate appreciation and competitiveness in the EU's ultra-peripheral regions by the case study of La Reunion Island. After describing economic characteristics of this French overseas department, such as the large deficit of the trade...

In this paper, we propose a new way to simulate an optimal Human Development Index [HDI]. Indeed, the formulation of the original HDI established by the United Nations Development Programme [UNDP] relies on a major methodological shortcoming, namely the contestable assumption that all component...

This article aims at analyzing the trade structure of La Reunion (exports and imports of products, HS6 digit level) over the period 1989–2008. First, we determined several indicators of geographic trade intensity, comparative advantage and openness. These later revealed that, in spite of...

This article presents a synthetic model of the « NATural Real EXchange rate » approach for a small open « developed » economy constrained by an imperfect international capital mobility. In accordance with the conventional NATREX wisdom, the determination of the equilibrium real exchange rate...

This article aims at presenting a theoretical survey relative to the microeconomic approach of the equilibrium real exchange rate. The exchange rate concept considered within this framework is the internal real exchange rate that is the relative price of nontradables. To this regard, we develop...

This paper proposes a transparent and robust measurement of sustainable human development for developing economies. We focus in particular on small island developing states [SIDS] which appear to be highly vulnerable in both economic and environmental dimensions. Hence, our contribution is...

Real Exchange Rate and Competitiveness of an EU's Ultra-peripheral Region: La Reunion Island

Taux de change réel et compétitivité de l'économie réunionnaise