Reviewing Composite Vulnerability and Resilience Indexes: A Sustainable Approach and Application

Valérie Angeon and Samuel Bates

World Development, 2015, vol. 72, issue C, 140-162

Abstract: Vulnerability–resilience indexes fail to grasp all dimensions of sustainability, whereas sustainable development has gained momentum. We fill this gap with a hierarchical multimetric composite index (Net Vulnerability Resilience Index: NVRI) whose robustness relies on a mathematical algorithm based on graph theory. A worldwide application shows that (i) both vulnerability and resilience are policy-responsive and that (ii) there is no determinism for a country to remain vulnerable or resilient. The NVRI enables us to identify a country’s strengths and weaknesses and determine the policy orientations that should be implemented to achieve sustainability.

Keywords: vulnerability; resilience; sustainable development; composite index; graph theory (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (41)

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Working Paper: Reviewing Composite Vulnerability and Resilience Indexes: A Sustainable Approach and Application (2015)
Working Paper: Reviewing Composite Vulnerability and Resilience Indexes: A Sustainable Approach and Application (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:72:y:2015:i:c:p:140-162

DOI: 10.1016/j.worlddev.2015.02.011

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