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

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  • Patrick Guillaumont
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    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.

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    File URL: http://www.un.org/en/development/desa/policy/cdp/cdp_background_papers/bp2011_12.pdf
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    Bibliographic Info

    Paper provided by United Nations, Department of Economics and Social Affairs in its series CDP Background Papers with number 012.

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    Length: 8 pages
    Date of creation: Sep 2011
    Date of revision:
    Handle: RePEc:une:cpaper:012

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    Web page: http://www.un.org/en/development/desa/policy/cdp/cdp_bg_papers.shtml
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    Keywords: Conflict; economic vulnerability; least-developed countries; climate change;

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    1. Sylviane GUILLAUMONT JEANNENEY & Patrick GUILLAUMONT & Jacky AMPROU, 2006. "Aid Selectivity According to Augmented Criteria," Working Papers 200616, CERDI.
    2. Patrick Guillaumont & Sylviane Guillaumont Jeanneney, 2011. "State fragility and economic vulnerability: what is measured and why?," Working Papers halshs-00554284, HAL.
    3. Benno Ferrarini, 2009. "Policy, vulnerability and the new debt sustainability framework," Journal of International Development, John Wiley & Sons, Ltd., vol. 21(7), pages 895-914.
    4. Patrick Guillaumont, 2009. "An Economic Vulnerability Index: Its Design and Use for International Development Policy," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 193-228.
    5. Patrick Guillaumont, 2010. "Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries," Working Papers id:2625, eSocialSciences.
    6. Patrick Guillaumont, 2010. "Assessing the Economic Vulnerability of Small Island Developing States and the Least Developed Countries," Journal of Development Studies, Taylor & Francis Journals, vol. 46(5), pages 828-854.
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