Towards an Effective Use of a Multidimensional Vulnerability Index in Development Finance

Patrick Guillaumont ()
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Patrick Guillaumont: FERDI - Fondation pour les Etudes et Recherches sur le Développement International

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Abstract: A previous collection of policy briefs accompanied the work of the High-Level Panel convened by the United Nations to develop a Multidimensional Vulnerability Index (MVI). This index has since been adopted by the United Nations General Assembly and is attracting renewed attention. It is more relevant than ever to reflect on its scope, its potential for evolution, and how it can be used to inform development financing. The briefs gathered in this volume examine the added value of a structural and multidimensional vulnerability index—not only for the possible definition of country groupings, but above all for the fair and effective allocation of multilateral concessional financing. They also seek to contribute to the foundations of a new donor "selectivity," based on transparent and rational criteria. At a time when the overall volume of available funding is under threat, the question of how to allocate resources has never been more critical.

Keywords: Multidimensional vulnerability index; Development finance; Aid allocation (search for similar items in EconPapers)
Date: 2025-04-16
New Economics Papers: this item is included in nep-fdg
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Published in Ferdi. , 2025, 978-2-9586419-8-6

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