Debt and Development in SIDS: An Urgent Call for Action

David Tennant

Chapter Chapter 1 in Debt and Development in Small Island Developing States, 2014, pp 1-9 from Palgrave Macmillan

Abstract: Abstract The years 2008 to 2011 have marked a period of unprecedented global instability, recession, and crisis. Poverty and deprivation in developing countries have been exacerbated because of the increases in food and fuel prices. Also, because of the financial crisis–induced recession in the developed world, reduced demand for developing country exports, reduced private financial flows, and falling remittances have all adversely affected livelihoods in poor countries.1 This has all been occurring while greenhouse gas emissions continue to increase, causing further rises in temperatures and sea levels.2

Keywords: United Nations; Public Debt; Debt Level; Small Island Develop States; Debt Relief (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39278-7_1

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DOI: 10.1057/9781137392787_1

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