IDEAS home Printed from https://ideas.repec.org/a/eee/wdevel/v72y2015icp140-162.html
   My bibliography  Save this article

Reviewing Composite Vulnerability and Resilience Indexes: A Sustainable Approach and Application

Author

Listed:
  • Angeon, Valérie
  • Bates, Samuel

Abstract

Vulnerability–resilience indexes fail to grasp all dimensions of sustainability, whereas sustainable development has gained momentum. We fill this gap with a hierarchical multimetric composite index (Net Vulnerability Resilience Index: NVRI) whose robustness relies on a mathematical algorithm based on graph theory. A worldwide application shows that (i) both vulnerability and resilience are policy-responsive and that (ii) there is no determinism for a country to remain vulnerable or resilient. The NVRI enables us to identify a country’s strengths and weaknesses and determine the policy orientations that should be implemented to achieve sustainability.

Suggested Citation

  • Angeon, Valérie & Bates, Samuel, 2015. "Reviewing Composite Vulnerability and Resilience Indexes: A Sustainable Approach and Application," World Development, Elsevier, vol. 72(C), pages 140-162.
  • Handle: RePEc:eee:wdevel:v:72:y:2015:i:c:p:140-162
    DOI: 10.1016/j.worlddev.2015.02.011
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0305750X15000443
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. S. Guillaumont Jeanneney & S. J‐A. Tapsoba, 2012. "Aid and Income Stabilization," Review of Development Economics, Wiley Blackwell, vol. 16(2), pages 216-229, May.
    2. Jean-Jacques Laffont & Jean Tirole, 1991. "The Politics of Government Decision-Making: A Theory of Regulatory Capture," The Quarterly Journal of Economics, Oxford University Press, vol. 106(4), pages 1089-1127.
    3. Bates, Samuel & Angeon, Valérie & Ainouche, Ahmed, 2014. "The pentagon of vulnerability and resilience: A methodological proposal in development economics by using graph theory," Economic Modelling, Elsevier, vol. 42(C), pages 445-453.
    4. Rodrik, Dani, 1999. "Where Did All the Growth Go? External Shocks, Social Conflict, and Growth Collapses," Journal of Economic Growth, Springer, vol. 4(4), pages 385-412, December.
    5. Streeten, Paul, 1993. "The special problems of small countries," World Development, Elsevier, vol. 21(2), pages 197-202, February.
    6. Katherine Bersch & Sandra Botero, 2014. "Measuring Governance: Implications of Conceptual Choices," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 26(1), pages 124-141, January.
    7. Echevin, Damien, 2011. "Vulnerability to asset-poverty in Sub-Saharan Africa," MPRA Paper 35660, University Library of Munich, Germany.
    8. Ward, Patrick & Shively, Gerald, 2012. "Vulnerability, Income Growth and Climate Change," World Development, Elsevier, vol. 40(5), pages 916-927.
    9. 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.
    10. Montalbano, Pierluigi, 2011. "Trade Openness and Developing Countries' Vulnerability: Concepts, Misconceptions, and Directions for Research," World Development, Elsevier, vol. 39(9), pages 1489-1502, September.
    11. Berg, Andrew & Ostry, Jonathan D. & Zettelmeyer, Jeromin, 2012. "What makes growth sustained?," Journal of Development Economics, Elsevier, vol. 98(2), pages 149-166.
    12. Easterly, William & Kraay, Aart, 2000. "Small States, Small Problems? Income, Growth, and Volatility in Small States," World Development, Elsevier, vol. 28(11), pages 2013-2027, November.
    13. 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.
    14. Geoffrey M. Hodgson, 1998. "The Approach of Institutional Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 166-192, March.
    15. Jagdish Bhagwati, 2002. "Trade and Poverty in the Poor Countries," American Economic Review, American Economic Association, vol. 92(2), pages 180-183, May.
    16. L. Adrianto & Y. Matsuda, 2004. "Study on Assessing Economic Vulnerability of Small Island Regions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 6(3), pages 317-336, September.
    17. Lynge Nielsen, 2011. "Classifications of Countries Basedon their Level of Development; How it is Done and How it Could Be Done," IMF Working Papers 11/31, International Monetary Fund.
    18. Yifu Lin, Justin & Nugent, Jeffrey B., 1995. "Institutions and economic development," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 38, pages 2301-2370 Elsevier.
    19. Patrick Guillaumont & Laurent Wagner, 2013. "L'efficacité de l'aide pour réduire la pauvreté : leçons des analyses transversales et influence de la vulnérabilité des pays," Revue d’économie du développement, De Boeck Université, vol. 21(4), pages 115-164.
    20. North, Douglass C., 1989. "Institutions and economic growth: An historical introduction," World Development, Elsevier, vol. 17(9), pages 1319-1332, September.
    21. Christophe Bene, 2009. "Are Fishers Poor or Vulnerable? Assessing Economic Vulnerability in Small-Scale Fishing Communities," Journal of Development Studies, Taylor & Francis Journals, vol. 45(6), pages 911-933.
    22. Mark McGillivray & Wim Naude & Amelia Santos-Paulino, 2010. "Vulnerability, Trade, Financial Flows and State Failure in Small Island Developing States," Journal of Development Studies, Taylor & Francis Journals, vol. 46(5), pages 815-827.
    23. Rosario Turvey, 2007. "Vulnerability Assessment of Developing Countries: The Case of Small-island Developing States," Development Policy Review, Overseas Development Institute, vol. 25(2), pages 243-264, March.
    24. Laura Langbein & Stephen Knack, 2010. "The Worldwide Governance Indicators: Six, One, or None?," Journal of Development Studies, Taylor & Francis Journals, vol. 46(2), pages 350-370.
    25. repec:dau:papers:123456789/13926 is not listed on IDEAS
    26. Demetriades, Panicos O. & Hussein, Khaled A., 1996. "Does financial development cause economic growth? Time-series evidence from 16 countries," Journal of Development Economics, Elsevier, vol. 51(2), pages 387-411, December.
    27. Levison Chiwaula & Rudolf Witt & Hermann Waibel, 2011. "An Asset-Based Approach to Vulnerability: The Case of Small-Scale Fishing Areas in Cameroon and Nigeria," Journal of Development Studies, Taylor & Francis Journals, vol. 47(2), pages 338-353.
    28. Hodler, Roland & Dreher, Axel, 2013. "Development (paradigm) failures," Journal of Development Economics, Elsevier, vol. 101(C), pages 63-74.
    29. ., 2006. "Vulnerability and Coping," Chapters,in: The Elgar Companion to Development Studies, chapter 127 Edward Elgar Publishing.
    30. Dabla-Norris, Era & Bal Gündüz, Yasemin, 2014. "Exogenous Shocks and Growth Crises in Low-Income Countries: A Vulnerability Index," World Development, Elsevier, vol. 59(C), pages 360-378.
    31. Ron Martin & Peter Sunley, 2006. "Path dependence and regional economic evolution," Journal of Economic Geography, Oxford University Press, vol. 6(4), pages 395-437, August.
    32. Lino Briguglio & Gordon Cordina & Nadia Farrugia & Stephanie Vella, 2009. "Economic Vulnerability and Resilience: Concepts and Measurements," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 229-247.
    33. Kali, Raja & Reyes, Javier & McGee, Joshua & Shirrell, Stuart, 2013. "Growth networks," Journal of Development Economics, Elsevier, vol. 101(C), pages 216-227.
    34. Briguglio, Lino, 1995. "Small island developing states and their economic vulnerabilities," World Development, Elsevier, vol. 23(9), pages 1615-1632, September.
    35. Dasgupta, Susmita & Hamilton, Kirk & Pandey, Kiran D. & Wheeler, David, 2006. "Environment During growth: Accounting for governance and vulnerability," World Development, Elsevier, vol. 34(9), pages 1597-1611, September.
    36. Simon Feeny & Mark McGillivray, 2010. "Aid and Growth in Small Island Developing States," Journal of Development Studies, Taylor & Francis Journals, vol. 46(5), pages 897-917.
    37. Deepa Narayan & Robert Chambers & Meera K. Shah & Patti Petesch, 2000. "Voices of the Poor : Crying Out for Change," World Bank Publications, The World Bank, number 13848.
    38. David Fielding, 2010. "Aid and Dutch Disease in the South Pacific and in Other Small Island States," Journal of Development Studies, Taylor & Francis Journals, vol. 46(5), pages 918-940.
    39. Calvo, Cesar, 2008. "Vulnerability to Multidimensional Poverty: Peru, 1998-2002," World Development, Elsevier, vol. 36(6), pages 1011-1020, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eur:ejesjr:121 is not listed on IDEAS
    2. Valérie ANGEON & Jean-François HOARAU, 2015. "Introduction - Les Petites Économies Insulaires : Un Monde À Part Entière ?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 42, pages 5-13.
    3. Paula Freire & Alexandre O. Tavares & Luís Sá & Anabela Oliveira & André B. Fortunato & Pedro P. Santos & Ana Rilo & João L. Gomes & João Rogeiro & Rui Pablo & Pedro J. Pinto, 2016. "A local-scale approach to estuarine flood risk management," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(3), pages 1705-1739, December.
    4. Claire GOAVEC & Jean-François HOARAU, 2015. "Vulnérabilité Économique Structurelle Et Dépendance Touristique : Quels Enseignements Pour Les Petites Économies Insulaires En Développement," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 42, pages 157-188.
    5. Valérie ANGEON & Samuel BATES, 2015. "L'Agriculture, Facteur De Vulnérabilité Des Petites Économies Insulaires ?," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 42, pages 105-131.
    6. Samuel BATES & Valérie ANGEON, 2015. "Promoting The Sustainable Development Of Small Island Developing States: Insights From Vulnerability And Resilience Analysis," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 42, pages 15-29.
    7. Sergey LISNYAK, 2015. "Literature Review Regarding The Concept Of Resilience And Its Assessment In The Context Of The Economic Dimension," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2a), pages 511-518, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:wdevel:v:72:y:2015:i:c:p:140-162. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/worlddev .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.