Positioning the non-least-developed developing countries based on vulnerability-related indicators

Fen-May Liou and Cherng G. Ding
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Fen-May Liou: International Cooperation and Development Fund, Taiwan, Postal: International Cooperation and Development Fund, Taiwan
Cherng G. Ding: National Chiao Tung University, Taiwan, Postal: National Chiao Tung University, Taiwan

Journal of International Development, 2004, vol. 16, issue 6, 751-767

Abstract: A structure presenting relevant constructs of vulnerability for developing but not least-developed countries in the global trade regime shift was first proposed. Based on the structure, the vulnerability constructs were empirically summarized as three independent factors: economic scale, volatility degree, and development level. A map, showing the overall vulnerability positioning of the countries, with dimensions of 'economic scale' and 'volatility with resilience of development', was further created. The map reveals that most small-population states are more vulnerable. Nevertheless, some large economies may not be less vulnerable and should not be excluded if special treatments are offered to non-least-developed small states. Copyright © 2004 John Wiley & Sons, Ltd.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:16:y:2004:i:6:p:751-767

DOI: 10.1002/jid.1095

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