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Improving the measurement of export instability in the Economic Vulnerability Index: A simple proposal

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  • Sosso Feindouno

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

Abstract

Alongside GNI per capita and the Human Assets Index (HAI), the Economic Vulnerability Index (EVI) is one of the three criteria used for the identification of the Least Developed Countries (LDCs), as used by the UN-CDP (Committee for Development Policy) at each triennial review of the list of LDCs (see LDC Handbook, United Nations, 2015). EVI has also been proposed as a relevant criterion for the allocation of development assistance (see UN General Assembly resolution on the smooth transition of graduating LDCs – A/C.2/67/L.5 – and a survey in Guillaumont 2009b; Guillaumont and Wagner, 2013). For the EVI to be still considered as a useful tool for the identification of LDCs, and also as an aid allocation criterion, some components (or at least their calculation) may need to be refined.

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  • Sosso Feindouno, 2019. "Improving the measurement of export instability in the Economic Vulnerability Index: A simple proposal," Post-Print hal-02128482, HAL.
  • Handle: RePEc:hal:journl:hal-02128482
    Note: View the original document on HAL open archive server: https://hal.science/hal-02128482
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    References listed on IDEAS

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    1. White Halbert & Granger Clive W.J., 2011. "Consideration of Trends in Time Series," Journal of Time Series Econometrics, De Gruyter, vol. 3(1), pages 1-40, February.
    2. Hyndman, Rob J. & Koehler, Anne B., 2006. "Another look at measures of forecast accuracy," International Journal of Forecasting, Elsevier, vol. 22(4), pages 679-688.
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