Volcano will add to Saint Vincent's deep economic woes
Thursday, May 13, 2021
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.
- 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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