Two steps down the debt spiral: COVID-19 and tropical cyclones severely limit the fiscal space of many Small Island Developing States
Authors
Katharina Lehmann-Uschner, Thessa Beck, Carl-Friedrich Schleussner
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With tourism being one of the sectors most affected by covid-19, many SIDS economies find themselves critically hit by the pandemic, adding to the continued financial stress through tropical cyclone-induced losses. Climate models project further risks.