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

Samuel Bates and Valérie Angeon ()
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Valérie Angeon: CEREGMIA - Centre de Recherche en Economie, Gestion, Modélisation et Informatique Appliquée - UAG - Université des Antilles et de la Guyane

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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 (46)

Published in World Development, 2015, 72, pp.140-162. ⟨10.1016/j.worlddev.2015.02.011⟩

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Journal Article: 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:hal:journl:hal-01291345

DOI: 10.1016/j.worlddev.2015.02.011

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