Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries

Patrick Guillaumont ()

No RP2007-40, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Macro vulnerability of the small island developing states (SIDS) as well as of least developed countries (LDCs) has been an increasing concern for the international community. This concern has led to the creation of the economic vulnerability index (EVI) in order to assess comparatively the degree of structural economic vulnerability of countries. Structural vulnerability results mainly from natural or external shocks faced by countries, and their exposure to these shocks. General vulnerability, on the other hand, depends on the resilience of the country which is determined mainly by policy.

Keywords: Economic assistance and foreign aid; Economic development; Economic policy; Poverty (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (11)

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Related works:
Journal Article: Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries (2010)
Working Paper: Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries (2010)
Working Paper: Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries (2009)
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