OFTEN characterised by its limited natural resources and extreme vulnerability to natural disasters, the Caribbean region was not immune to the crippling effects of the global financial crisis of 2008. In fact, the period following this crisis was one known for its stagnant economic growth, depletion of vital sectors (in particular tourism) and a significant reduction in overall GDP. For a region which relies so heavily on foreign direct investment, the road to recovery post-2008 was no easy undertaking.
St. Lucia Team At ‘Compete’ Event
![Image of Dr. Ubaldus Raymond [PHOTO: Stan Bishop]](https://thevoiceslu.com/wp-content/uploads/2016/08/Dr-Raymond-says-Saint-Lucias-high-debt-is-creating-headaches-for-governments-plans-mid-600x400.jpg)




















