Social Implications of the Global Economic Crisis in Caribbean Small Island Developing States: 2008-2009
The Saint Lucia Report
This study was initiated by the United Nations Development Programme (UNDP) against the backdrop of the global economic crisis, the effects of which started to show in the middle of 2007 and intensified during 2008 and 2009. The study was conducted in seven Caribbean countries between October and December 2009. The overall objective was to determine, using the Poverty and Social Impact Approach (PSIA), how and to what extent the current global economic crisis has impacted the livelihoods of people in the Caribbean, especially the most vulnerable.
The aim of the study is to provide an understanding of the extent to which the wellbeing of people living in Saint Lucia has been affected by the global economic crisis, and the channels through which impacts were transmitted.