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The pentagon of vulnerability and resilience: A methodological proposal in development economics by using graph theory

Author

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  • Samuel Bates

    (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - AGROCAMPUS OUEST - Institut National de l'Horticulture et du Paysage)

  • Valérie Angeon

    (URZ - Unité de Recherches Zootechniques - INRA - Institut National de la Recherche Agronomique)

Abstract

Several assessments of vulnerability and resilience have been attempted at a country level through composite indices but they are barely in accord with a holistic view of sustainable development. We suggest graph theory to structure a network of variables that depict vulnerability and resilience from a sustainable development perspective. Vulnerability is defined as the propensity to incur adverse shocks whereas resilience is the capacity to cope with their negative effects. We identify two control dimensions of vulnerability–resilience (economic and political) and three contingency factors (the social, environmental and the peripheral dimensions). The specificity of the control dimensions is rooted in their impact on all other sides of the pentagon. We propose an algorithm to select the key variables useful in building a composite index that conforms to the structure of these five dimensions while preventing loss of information. An application is provided on Singapore, which has been specified as a typical case of resilience.
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  • Samuel Bates & Valérie Angeon, 2014. "The pentagon of vulnerability and resilience: A methodological proposal in development economics by using graph theory," Post-Print hal-02136506, HAL.
    • Handle: RePEc:hal:journl:hal-02136506
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    6. Michaelides, Panayotis G. & Tsionas, Efthymios G. & Konstantakis, Konstantinos N., 2018. "Debt Crisis in Europe (2001-2015): A Network General Equilibrium GVAR approach," MPRA Paper 89998, University Library of Munich, Germany.
    7. Konstantakis, Konstantinos N. & Michaelides, Panayotis G. & Tsionas, Efthymios G. & Minou, Chrysanthi, 2015. "System estimation of GVAR with two dominants and network theory: Evidence for BRICs," Economic Modelling, Elsevier, vol. 51(C), pages 604-616.
    8. Michaelides, Panayotis G. & Tsionas, Efthymios G. & Konstantakis, Konstantinos N., 2018. "Debt dynamics in Europe: A Network General Equilibrium GVAR approach," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 175-202.
    9. Jose Cuesta & Liang Cai & Lucia Madrigal & Natalia Pecorari, 2023. "Exposure to Climatic Risks and Social Sustainability in Vietnam," Sustainability, MDPI, vol. 15(4), pages 1-25, February.
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    12. Luis Hernando Portillo-Riascos & Edinson Ortiz-Benavides, 2021. "The External Vulnerability of the Colombian Economy 1990-2015: A Comparative Analysis," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 94, pages 11-46, Enero-Jun.
    13. Kyriakos Drivas & Claire Economidou & Konstantinos N. Konstantakis & Panayotis G. Michaelides, 2022. "Technological Leaders, Laggards and Spillovers: A Network GVAR Analysis," Open Economies Review, Springer, vol. 33(2), pages 231-269, April.
    14. 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.
    15. 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.
    16. 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.
    17. Claire Goavec & Jean-François Hoarau, 2015. "Structural economic vulnerability and tourism dependence: new assessment for small island developing economies [Vulnérabilité économique structurelle et dépendance touristique : quels enseignements," Post-Print hal-01454720, HAL.
    18. Riffat Mahmood & Li Zhang & Guoqing Li & Munshi Khaledur Rahman, 2022. "Geo-based model of intrinsic resilience to climate change: an approach to nature-based solution," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(10), pages 11969-11990, October.
    19. Sepehr Marzi & Jaroslav Mysiak & Arthur H Essenfelder & Mattia Amadio & Silvio Giove & Alexander Fekete, 2019. "Constructing a comprehensive disaster resilience index: The case of Italy," PLOS ONE, Public Library of Science, vol. 14(9), pages 1-23, September.
    20. Hong, Wei-Ting & Clifton, Geoffrey & Nelson, John D., 2022. "Rail transport system vulnerability analysis and policy implementation: Past progress and future directions," Transport Policy, Elsevier, vol. 128(C), pages 299-308.
    21. Ibrahim Ngouhouo & Tii Njivukuh Nchofoung, 2022. "Economic Resilience in Sub-Saharan Africa: Evidence from Composite Indicators," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(1), pages 70-91, March.

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