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Volcano will add to Saint Vincent's deep economic woes

Thursday, May 13, 2021

Significance

Thanks to early evacuations, there were no deaths or injuries, but thousands were displaced and perhaps 10% of the 110,000 residents made homeless. Significant support was promised from various international agencies, and neighbouring countries stepped into assist. However, the volcano dealt a further blow to this vulnerable small island state.

Impacts

  • Longer-term reconstruction efforts will be a daunting challenge for a small country with a debt-to-GDP ratio near 90%.
  • Continuing political tensions may be an obstacle to effective management of relief efforts.
  • Women and young workers may be disproportionately affected by longer-term tourism-related job losses.

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