Social Implications of the Global Economic Crisis in Caribbean Small Island Developing States: 2008-2009
The St. Vincent and the Grenadines Country 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 in 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 Analysis (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 purpose of this study is to provide an understanding of the extent to which the people of Saint Vincent and the Grenadines have been affected by the crisis, and the channels through which impacts were transmitted.