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Positioning the non‐least‐developed developing countries based on vulnerability‐related indicators
Author(s) -
Liou FenMay,
Ding Cherng G.
Publication year - 2004
Publication title -
journal of international development
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.533
H-Index - 66
eISSN - 1099-1328
pISSN - 0954-1748
DOI - 10.1002/jid.1095
Subject(s) - vulnerability (computing) , developing country , development economics , econometrics , economics , economic growth , computer science , computer security
A structure presenting relevant constructs of vulnerability for developing but not least‐developed countries in the global trade regime shift was first proposed. Based on the structure, the vulnerability constructs were empirically summarized as three independent factors: economic scale, volatility degree, and development level. A map, showing the overall vulnerability positioning of the countries, with dimensions of ‘economic scale’ and ‘volatility with resilience of development’, was further created. The map reveals that most small‐population states are more vulnerable. Nevertheless, some large economies may not be less vulnerable and should not be excluded if special treatments are offered to non‐least‐developed small states. Copyright © 2004 John Wiley & Sons, Ltd.