The importance of such unwarranted disturbances is most severe for small open economies such as Denmark. The exchange-rate movements depicted in Chart 7 and Chart 8 indicate that Sweden - a small open economy with a floating exchange rate and low inflation - receives far more noise from exchange-rate fluctuations than Denmark.
The Fijian Government over the years has funded rehabilitation work post natural disaster in the hundreds of millions of dollars. As the frequency and intensity of natural disasters increase, so too does the need for Government to build on sustainable resilience measures.