TNPSC Thervupettagam

Report on Small Island developing States

June 18 , 2021 1147 days 795 0
  • The 2021 edition of UNCTAD’s Development and Globalization: Facts and Figures report was released recently.
  • According to the report,
    • COVID-19 had affected all spheres of life in SIDS (Small island developing States) including health, the economy and trade.
    • This has had a huge impact on SIDS as most of them are heavily reliant on tourism.
    • SIDS were also 35 per cent more vulnerable to external economic and financial shocks than other developing countries.

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