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Debt and Development in SIDS: An Urgent Call for Action

In: Debt and Development in Small Island Developing States

Author

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  • David F. Tennant

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

Suggested Citation

  • David F. Tennant, 2014. "Debt and Development in SIDS: An Urgent Call for Action," Palgrave Macmillan Books, in: Debt and Development in Small Island Developing States, chapter 0, pages 1-9, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39278-7_1
    DOI: 10.1057/9781137392787_1
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