The current economic downturn is a challenge for the most capable of developed countries more so for developing countries like Saint Lucia. In addition, this global crisis further exacerbate the many social and financial strains hence places more pressure on developing nations.
The small and micro business sector serves as an engine of economic activity for developing countries in particular. However they rarely have the capacity to survive such shocks due to lack of technical and operational capabilities. As the effects deepen, many...