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Positioning the non-least-developed developing countries based on vulnerability-related indicators

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  • Fen-May Liou

    (International Cooperation and Development Fund, Taiwan)

  • Cherng G. Ding

    (National Chiao Tung University, Taiwan)

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    Abstract

    A structure presenting relevant constructs of vulnerability for developing but not least-developed countries in the global trade regime shift was first proposed. Based on the structure, the vulnerability constructs were empirically summarized as three independent factors: economic scale, volatility degree, and development level. A map, showing the overall vulnerability positioning of the countries, with dimensions of 'economic scale' and 'volatility with resilience of development', was further created. The map reveals that most small-population states are more vulnerable. Nevertheless, some large economies may not be less vulnerable and should not be excluded if special treatments are offered to non-least-developed small states. Copyright © 2004 John Wiley & Sons, Ltd.

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    Bibliographic Info

    Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

    Volume (Year): 16 (2004)
    Issue (Month): 6 ()
    Pages: 751-767

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    Handle: RePEc:wly:jintdv:v:16:y:2004:i:6:p:751-767

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    Web page: http://www3.interscience.wiley.com/journal/5102/home

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    1. Briguglio, Lino, 1995. "Small island developing states and their economic vulnerabilities," World Development, Elsevier, Elsevier, vol. 23(9), pages 1615-1632, September.
    2. Campos, Nauro F. & Nugent, Jeffrey B., 1999. "Development Performance and the Institutions of Governance: Evidence from East Asia and Latin America," World Development, Elsevier, Elsevier, vol. 27(3), pages 439-452, March.
    3. Read, Robert, 2001. "Growth, Economic Development and Structural Transition in Small Vulnerable States," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    4. Armstrong, H. & De Kervenoael, R. J. & Li, X. & Read, R., 1998. "A comparison of the economic performance of different micro-states, and between micro-states and larger countries," World Development, Elsevier, Elsevier, vol. 26(4), pages 639-656, April.
    5. Kaufmann, Daniel & Kraay, Aart & Zoido-Lobaton, Pablo, 1999. "Aggregating governance indicators," Policy Research Working Paper Series 2195, The World Bank.
    6. Stephen Knack & Philip Keefer, 1995. "Institutions And Economic Performance: Cross-Country Tests Using Alternative Institutional Measures," Economics and Politics, Wiley Blackwell, Wiley Blackwell, vol. 7(3), pages 207-227, November.
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    Cited by:
    1. Don J. Webber & Stephanié Rossouw, 2010. "Sub-national vulnerability measures:A spatial perspective," Working Papers 1004, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
    2. Naude, Wim & McGillivray, Mark & Rossouw, Stephanie, 2008. "Measuring the Vulnerability of Subnational Regions," Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) RP2008/54, World Institute for Development Economic Research (UNU-WIDER).

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