UN General Assembly
2016

Furthermore, we urge the Group of Seven, the Group of 20 and the international financial institutions to re-evaluate the methodologies used to assess whether and how a country qualifies for concessional support or access to certain types of international funds. The arbitrary classification of certain small nations, like Saint Kitts and Nevis — or Dominica, for that matter — as middle-income countries can never make sense when such a country might see its economy grow from 4 to 6 per cent in one year and then watch helplessly as nearly 100 per cent of its gross domestic product is wiped out in six hours of wind and rainfall from a tropical storm. Any new formula must include vulnerability and resilience indices.