#sidebar-right header h3 { .ldc-table-wrapper .ldc-tab2 { color: #000; background-color: #e1e1e1; border: 2px solid #fff!important; height:35px; width:33%; text-align:center;} vertical-align: top; @media (min-width: 768px) { } .ldc-table a.box-reports::before, /* ----------------------------------------- */ .ldc-table-wrapper .ldc-line1 {border-top: 2px solid #91C2F2!important; width: 100%;} vertical-align: middle; font-style: italic; .ldc-lbar5 { font-size: 86%; content: "\f15c"; BACKGROUND SOCIAL VULNERABILITY ASSESSMENT TOOLS FOR CLIMATE CHANGE AND DRR PROGRAMMING 9 .member-table th, /* Boxes for cdp page */ content: "\f090"; .ldc-table-wrapper .ldc-sm {color:#000;} Abstract In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of economic openness, while economic resilience is defined as the policy-induced ability of an economy to withstand or recover from the effects of such shocks. .ldc-table a.box-support::before { Abstract and Figures In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of economic openness, while economic resilience is defined … text-align: left; Economic vulnerability was initially developed in the 1990s by Briguglio (1993), Briguglio (1995), Briguglio (1997) and refers to the ‘risk’ to economic resilience (Gnangnon Sena, 2016). padding: 4px 0; } font-size: .8em; a.box-nat-reviews, padding: 0 10px; Ferdi has contributed in the past to the definition of the Economic Vulnerability Index (EVI), which is one of the three criteria used by the United Nations to identify Least Developed … } Economic and Environmental Vulnerability Index (EVI) Rationale. background-color: #f2f2f2; .ldc-table-wrapper .ldc-ht {color:#069;} border: 0; .ldc-table-wrapper .ldc-mi1 {border-bottom: 1px solid #cccccc!important;} border-collapse: collapse; } font-weight: normal; Education Additionally, vulnerability is seen as being multi-dimensional and differential, scale dependent, and dynamic in nature. .ldc-lbar3 { .ldc-table a.box-history::before, padding: .3em .8em; Through such an index "diverse issues can be combined into a standardised framework...making comparisons possible". font-family: 'FontAwesome'; Learn more in: Investigating the Economic Vulnerability Factors of Emerging Markets After the Global Financial Crisis of 2008 With … color:#4f81bd; margin-bottom: 0!important; Vulnerability and risk assessment is compulsory in order to plan and implement adaptation measures, and to prioritize resources. font-family: 'FontAwesome'; #content .responsive-tabs-wrapper ul.responsive-tabs__list { /* Lyris Box */ width: 20%; .ldc-table-wrapper .ldc-co {color:#000;background-color:#FFE0C2;} Instability of exports of goods and services, Share of population in low elevated coastal zones, Share of agriculture, forestry and fishing in GDP, Note by the CDP Secretariat on measuring remoteness for the identification of LDCs (August 2015), Covid-19 threatens to have devastating effects on the least developed countries (LDC). .ldc-table-wrapper .ldc-lbar2 { color: #000;} } } .ldc-table-wrapper .ldc-tab3 {color: #000; background-color: #F7FAFC; border-left: 1px solid #069!important; border-right: 1px solid #069!important; border-top: 1px solid #069!important; height:35px; width:170px; text-align:center;} /* sidebar menu li */ Specifically, economic vulnerability is the likelihood of a system being affected negatively by shocks or perturbation (Naudé et al., 2009). color:#ccc; padding: 0 10px; } line-height: 17px; content: "\f1c0"; .ldc-table-wrapper .ldc-cbar4 { color: #fff; background-color: #360; text-align:center; font-size: 1.1em; font-family: 'Oswald',Helvetica,sans-serif; font-weight: 700;} Abstract: As an answer to a need expressed by the UN General Assembly an Economic Vulnerability Index (EVI) has been defined by the Committee for Development Policy. ECONOMIC VULNERABILITY AND RESILIENCE CONCEPTS AND MEASUREMENTS1 Lino Briguglio, Gordon Cordina, Nadia Farrugia and Stephanie Vella Economics Department, University of Malta Abstract. .ldc-table a.box-criteria::before { Vulnerability is a measure, which describes the greater probability of certain communities of becoming, or remaining, poor in the coming years. border-top: 1px solid #4D4D4D; Economic vulnerability refers to risks caused by external/exogenous shocks to system of production, distribution and consumption. 1999. /* Footer */ content: none; float: left; In developing countries the MVI is determined by various structural conditions which expose an economy to financial shocks. padding-top: 0!important; a.box-dev-coop::before { .ldc-table a.box-graduation::before, background-color: #f9f9f9; } It recalls the conceptual and empirical grounds of the index, considers the … margin: 0!important; content: "\f085"; .ldc-table-wrapper .ldc-cbar8 { color: #fff; background-color: #369; } border-top: dotted .3em #ccc; WASH 4. This index is designed to be used with economic and social vulnerability indices to provide insights into the processes that can negatively influence the sustainable development of … a.box-prod-capacity { It evaluates 42 social, economic and environmental factors … #ldc-eligibility th, These terms are attractive because they are both intuitively understandable to a largeaudience…butthisfactcangiverisetomisunderstandings(EEA,2012). border: solid 1px #4d4d4d; } footer { .member-table ul, } In this paper, economic vulnerability is defined as the exposure of an economy to } #content .responsive-tabs-wrapper .responsive-tabs .responsive-tabs__panel { .ldc-table { background-image: url(https://www.dev.un.org/development/desa/dpad/wp-content/uploads/sites/45/bg-world1.png); /* Tabby style for Resources Section */ background-color:#4f81bd; content: "\f274"; a.box-global-gov, Economic Vulnerability Index. " .ldc-table a.box-glance::before { .ldc-table-wrapper .ldc-lvh {border-left:1px solid #369!important; border-bottom:1px solid #369!important;} padding: 4px; a.box-prod-capacity::before { Weighting and aggregation Indicators (represented by variables) are represented 1. /* cdp ldc tables */ content: "\f1da"; .ldc-table-wrapper .ldc-tl {color:#000;color:#000;background-color:#E9F3FC;} In response to the need expressed by the UN General Assembly, an economic vulnerability index (EVI) has been defined by the Committee for Development Policy. With a value of 0.703, the economic vulnerability index shows that households are about 70% vulnerable to economic shocks. Defined as the percentage of population that lives in drylands, defined by long term averages of the ratio of precipitation to potential evapotranspiration (known as aridity index) .ldc-incl:before { } div#sidebar-right.col-md-3 ul#menu-ldc-menu.menu > li:before { .ldc-table-wrapper .ldc-st {color:#069;border-bottom: 2px solid #069!important;} content: none; float: left; .col-lg-5ths { width: 20%; line-height: 1.6em; cursor: pointer; background-color: #414042; color: #000; td.ldc-arrowhead { border: 0 solid #fff!important; padding: .5em 0; padding-top: 1em; .ldc-table-wrapper .ldc-mi {border-bottom: 1px solid #ADC2D6!important;} } vertical-align: middle; .ldc-table-wrapper .ldc-tab5 { color: #000; background-color:#E9F3FC; border-top:1px solid #369!important;border-bottom:1px solid #369!important;border-right:1px solid #369!important;} .ldc_profiles { a.rsswidget { } color: #4d4d4d; #content .responsive-tabs-wrapper .responsive-tabs .responsive-tabs__list__item--active:hover, .country-reports th.ldc-ind-underline, .country-reports td.ldc-ind-underline { } width: 100%; .ldc-table-wrapper .ldc-bw {color:#fff;background-color:#4f81bd;} display: none; } 3.1) in the gross value added of a country, Calculated by dividing the value added of agriculture, hunting, forestry and fishing by the total gross value added of all sectors of the economy, Reported annually by the United Nations Statistics Division in its, Provides information on countries' vulnerability to coastal impacts (including sea level rise and storm surges) associated with climate change, Measures the share of the population in a country that lives in low elevated coastal zones, defined as areas contiguous to the coast below a certain elevation threshold (currently 5 metres), Calculated by dividing the number of people living in areas contiguous to the coast with an elevation of less than five metres by the total population of the country, Highly variable export earnings cause fluctuations in production, employment and the availability of foreign exchange, with negative consequences for sustainable economic growth and development, Defined as the standard deviation of the difference between the value of annual export earnings and its 20-year trend, Calculated by estimating the trend of export earnings by a mixed-trend linear regression and using the standard deviation of the differences between trend and actual values, weighted with the latest three‐year trade dependency (the ratio of exports plus imports to GDP), as measure of instability, Calculated by the CDP secretariat based on data reported annually by the United Nations Statistics Division in its, Provides information on a country’s vulnerability to natural shocks, in particular the human impact of disasters associated with these shocks, Measures the share of population who are victims of disasters, defined as people killed are affected (i.e. .ldc-table a.box-review, font-size: 2em; .ldc-table-wrapper .ldc-ti {color:#000;color:#000;background-color:#E9F3FC;text-align:center;} color:#ccc; font-size: 2em; Descriptive statistics, economic vulnerability index and multiple regression analyses were used to analyse the data. } @media (min-width: 992px) { } content: "\f19c"; .ldc-in:before { font-family: 'FontAwesome'; .ldc-table-wrapper .ldc-cbar2 { color: #fff; background-color: #4f81bd; text-align:center;} border-bottom: #4d8ec9 solid 2px; 1. background-color: #1069B8; background: #f2f2f2; margin: 6px; padding: 0 10px; .ldc-table .box:hover { This method of defining vulnerability in terms of inherent features and resilience in terms of policy-induced changes has a number of advantages. .ldc-dg { content: '\f0da'; } } #atstbx2, #atstbx3, #atstbx4, #atstbx5 { .ldc-table-wrapper .ldc-th {color:#000;color:#333;text-align:center;} font-size: 1.1em; vertical-align: top; .ldc-color-orange {color: #f93;} } .ldc_profiles td { } } padding-bottom: 10px; } padding-left: 15px; Economic vulnerability is defined as the potential impact of hazards on economic assets and processes (i.e., business interruption, secondary effects such as increased poverty and job loss). .ldc-table a.box-support::before, /* Extra spacing for reading blocks */ .col-md-5ths, a.box-prod-capacity::before { text-decoration: underline; margin-top: 0!important; .ldc-table-wrapper .ldc-bar2 { color: #000; background-color: #91C2F2;} } font-style: normal; padding: .5em 0; Collects statistical data has a number of advantages that via some formula, delivers a single numerical result of vulnerability... 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