Why Have Smaller States Been Hit So Hard by Economic Shocks?

The recently released January edition of this year’s Global Economic Prospects (GEP) report warns that the global economy is dangerously close to a recession, with small states in particular the most vulnerable to shocks and economic recovery. Hear from one of the GEP’s lead report authors, Dana Vorisek, the Hon. Tiofilusi Tiueti, Minister for Finance and Tonga World Bank Governor, and Anna Kay, a female-owned restauranteur in Jamaica, as they speak to the impacts of a global worsening economy.