Positioning the non-least developed developing countries based on vulnerability-related indicators

Fen May Liou*, Cherng G. Ding

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

9 Scopus citations

Abstract

A structure presenting relevant constructs of vulnerability for developing but notleast-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.

Original languageEnglish
Pages (from-to)751-767
Number of pages17
JournalJournal of International Development
Volume16
Issue number6
DOIs
StatePublished - 1 Aug 2004

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