
Soren Dawody’s GSA project can help diversify Grenada’s small economy
Apart from being the biggest healthcare crisis of the century, the COVID-19 pandemic also poses a serious economic threat. And if larger economies have a better chance at bouncing back, small economies, such as the island of Grenada, in the Caribbean, are already in survival mode. The “Spice Isle,” as it’s also called, Grenada faces a similar situation to other small economies in the region: its GDP relies almost entirely on tourism, and tourism was the first sector to be hit by the pandemic.
According to the United Nations World Tourism Organization, the Caribbean experienced the highest growth in the past five years. From the stunning views to the hospitality of the Caribbean people, Grenada attracts thousands of tourists every year, and, until now, this has created many opportun