Small States Economic Review and Basic Statistics #21

The economic impacts of COVID-19 on Commonwealth small states (CWSS) have been vast and far-reaching. The ongoing effects of the pandemic have contributed to a multi-pronged crisis where economies were ravaged, poverty levels have risen, and the expansionary fiscal policies aimed at cushioning the effects of the pandemic have contributed to rising debt levels. All this contributed to the plight of small states, many of which were already grappling with the effects of climatic shocks stemming from their persistent vulnerabilities to adverse climate and weather-related conditions.