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In all of the major challenges facing the world currently, whether it be climate change, terrorism and conflict, or urbanization and demographic change, no progress is possible without the alleviation of poverty. New approaches in development economics have in recent years started from the premise that we cannot successfully deal with poverty unless we also deal with vulnerability--but not only vulnerability to income poverty but also vulnerability to various others hazards--such as climate, conflict, macroeconomic shocks and natural disasters. This book provide insights into new approaches in conceptualising and measuring vulnerability. It includes chapters dealing with advanced issues such as the compilation of economic vulnerability indices (EVIs) on a macro-level, of conceptualizing and measuring local vulnerability across regions in a country, and of measuring the flip-side of vulnerability, namely resilience. The book also explores the sensitivities of the various measurements of vulnerability to vulnerability lines, poverty lines, and permanent income, with consideration to some of the most vulnerable groups in developing countries. Overall, the contributions in the book consolidate new approaches as far as the concept and measurement of vulnerability on different levels and outcomes are concerned, and note directions for future research. This book was published as a special issue of Oxford Development Studies.
There is growing international recognition that high economic exposure, remoteness and proneness to natural disasters have a debilitating effect on small economies, despite the fact that some of them exhibit relatively high per capita incomes. This paper presents a Commonwealth vulnerability index that can be used as an additional criterion to augment other factors, such as per capita income, which are taken into account in reaching decisions on the treatment of certain developing countries by international organizations.
There is growing international recognition that high economic exposure, remoteness, isolation and proneness to natural disasters all have a debilitating effect on small economies, despite the fact that some of them exhibit relatively high per capita incomes. This paper presents a Commonwealth vulnerability index that is designed to quantify vulnerability, and hence provide a means to identify vulnerable states. This index can be used as an operational tool in determining whether small states should be accorded differential treatment by the international community. It is intended as an additional criterion to augment other factors, such as per capita income, which are taken into account in reaching decisions on the treatment of certain developing countries by international organisations.
This book provides a tool for assessing both how prone a country is to external economic shocks - its vulnerability - as well as its ability bounce back from those shocks - its resilience. For economic planners, as well as students of the economies of small states.
Bachelor Thesis from the year 2009 in the subject Business economics - Economic Policy, grade: 1,5, University of St. Gallen, language: English, abstract: As the economic crisis of the late 200os unfolds, the need for global political, regulatory and supervisory changes becomes apparent. This paper is intended to clarify the role that least developed countries play in this process. Different channels of vulnerability are identified and examined both in a dynamic and static framework, thereby contributing to an understanding of how and to which degree the world's poorest countries will be affected by the current global economic turmoil. It arrives at the conclusion that LDCs are likely to be negatively affected by numerous structural factors and identifies low and high vulnerability states by constructing a composite Economic Vulnerability Index.
This report provides an analysis of key issues concerning small states' security and development. It sets out a series of recommendations to counteract vulnerability arising from such factors as globalization, environmental degradation and global warming, and international crime.
This article puts forward a spatial perspective in framing the methodology for vulnerability assessment (VA) of developing countries, with special reference to small-island developing states (SIDS). Geographic vulnerability from a developing-world perspective is defined by the country's susceptibility to physical and human pressures, risks and hazards in temporal and spatial contexts. In constructing the composite vulnerability index (CVI), four core indicators are selected as sub-indices. The study confirms the vulnerability of SIDS based on four dimensions, namely, coastal index (G1), peripherality index (G2), urbanisation indicator (G3) and vulnerability to natural disasters (G4), and advocates consideration of place vulnerability and temporal distinctions when assessing the vulnerability of SIDS in particular.

Vulnerability

Commonwealth Secretariat. Consultative Group on the Special Needs of Small States

Published: 1985

Total Pages: 146


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We believe it to be indisputable that the smallest and weakest within the international community, those with the least political clout, military strength or economic resilience, are among the ones who are likely to suffer most and whose special vulnerabilities are likely to go unnoticed and unrelieved for the longest time. We believe there are compelling obligations that derive from these realities: obligations on the international community, obligations on the Commonwealth itself—which has within its membership so many small states—and, of course, obligations that fall on small states themselves. All concerned must acknowledge and begin to fulfill these obligations. - From the Group ReportThey (Small States) have demonstrated that they have a valid part to play in the evolution of world society. It is therefore imperative that the international system be so organised that these states are enabled not only to exist, but to prosper and themselves to contribute to international harmony. In the pursuit of that goal of enhanced international co-operation there surely must be progress towards strengthening the global system of collective security. It would be fitting if the 40th year of the United Nations could be marked by a series of steps which ensured a safer and more prosperous future for the smallest members of the world community. - From the Foreword by Commonwealth, Secretary-General Shridath Ramphal
Vulnerability has become the defining challenge of our times. More than one billion people worldwide live in extreme poverty. Facing risks exacerbated by natural hazards, ill-health and macroeconomic volatility, many are mired in inescapable poverty while millions others are on the brink of poverty.The need to better understand vulnerability is pressing, particularly in the case of developing countries where bulwarks against risks can be in short supply. This volume brings together essays from leading scholars to study the critical dimensions of vulnerability in developing countries, including...