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DC Field | Value | Language |
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dc.contributor.author | Briguglio, Lino | - |
dc.contributor.author | Cordina, Gordon | - |
dc.contributor.author | Vella, Stephanie | - |
dc.contributor.author | Vigilance, Constance | - |
dc.date.accessioned | 2020-11-24T06:20:05Z | - |
dc.date.available | 2020-11-24T06:20:05Z | - |
dc.date.issued | 2010 | - |
dc.identifier.citation | Briguglio, L., Cordina, G., Vella, S., & Vigilance, C. (2010). Recent developments in St Lucia, Seychelles and Vanuatu. In: L. Briguglio, G. Cordina, S. Vella, & C. Vigilance (Eds.), Profiling vulnerability and resilience : a manual for small states. Msida: University of Malta. Islands and Small States Institute & London: The Commonwealth Secretariat. 118-122. | en_GB |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/64402 | - |
dc.description.abstract | The global financial crisis of 2008 and 2009 and resulting global recession have impacted most economies, including those of small states, which are characterised by a high degree of economic openness. All three small island states that were profiled in the previous chapters were adversely affected but not with the same intensity, with Vanuatu still registering positive growth in 2009, whereas St Lucia and Seychelles are estimated to have experienced negative growth rates (IMF, 201 Oe). Recent evidence would seem to suggest that the major effects on these small states were not mostly felt on the financial sector, due to the fact that the banking industry in these states did not indulge in excessively risky business, but on aggregate demand, especially on exports of goods and services. This chapter will briefly describe recent changes in the economies of these three small island states, with information derived mostly from IMF surveys. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | University of Malta. Islands and Small States Institute & The Commonwealth Secretariat | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Economic development -- Saint Lucia | en_GB |
dc.subject | Economic development -- Seychelles | en_GB |
dc.subject | Economic development -- Vanuatu | en_GB |
dc.subject | Global Financial Crisis, 2008-2009 | en_GB |
dc.subject | International Monetary Fund | en_GB |
dc.title | Recent developments in St Lucia, Seychelles and Vanuatu | en_GB |
dc.title.alternative | Profiling vulnerability and resilience : a manual for small states | en_GB |
dc.type | bookPart | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
Appears in Collections: | Profiling vulnerability and resilience : a manual for small states |
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File | Description | Size | Format | |
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Chapter_10_Recent_developments.pdf | 169.23 kB | Adobe PDF | View/Open |
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