The concept of structural economic vulnerability and its relevance for the identification of the Least Developed Countries and other purposes

Patrick Guillaumont ()

CDP Background Papers from United Nations, Department of Economics and Social Affairs

Abstract: This paper was prepared by Professor Patrick Guillaumont, as a contribution to the expert group meeting of the Committee for Development Policy on climate change, conflict and other issues related to the review of the criteria for the identification of least developed countries (LDCs) which took place in New York, 2-3 February 2011. Structural economic vulnerability is a major obstacle for the development of LDCs. The paper discusses the conceptual, methodological and empirical issues related to the economic vulnerability index (EVI) developed and used by the Committee for Development Policy (CDP) in the identification of LDCs. The note also addresses the relation between physical and economic vulnerability to climate change as well as the role of the EVI in allocating official development aid and as tool for development research.

Keywords: Conflict; economic vulnerability; least-developed countries; climate change (search for similar items in EconPapers)
JEL-codes: F5 O1 Q54 (search for similar items in EconPapers)
Pages: 8 pages
Date: 2011-09
New Economics Papers: this item is included in nep-dev and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

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Persistent link: https://EconPapers.repec.org/RePEc:une:cpaper:012

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