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Les petites économies insulaires en développement. Des territoires particulièrement vulnérables sur le plan économique ?

Author

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  • Stéphane Blancard
  • Jean-François Hoarau

Abstract

This paper proposes a robust measure of economic vulnerability for developing economies. We focus on small island developing states, which are known to be highly vulnerable compared to other developing groups. We exploit the Economic Vulnerability Index (evi) developed by the United Nations Committee for Development Policy (uncdp), but we adopt an endogenous weighting system rather than the more common ad hoc weights system traditionally retained. Therefore, we apply the new multi-criteria decision approach derived from data envelopment analysis (dea) proposed by Hatefi and Torabi [2010] to the uncdp’s evi for 2009 data. Implementing this approach for a set of developing countries that includes several small island states provides mixed support for the conventional finding : Although small island developing economies are obviously prone to high economic vulnerability, the magnitude of this vulnerability seems to be significantly decreased with our new index. Classification JEL : O11, O13, O53

Suggested Citation

  • Stéphane Blancard & Jean-François Hoarau, 2016. "Les petites économies insulaires en développement. Des territoires particulièrement vulnérables sur le plan économique ?," Revue économique, Presses de Sciences-Po, vol. 67(1), pages 117-142.
  • Handle: RePEc:cai:recosp:reco_pr2_0060
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    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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