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A necessary small revision to the EVI to make it more balanced and equitable

Author

Listed:
  • Patrick Guillaumont

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International, CERDI - Centre d'Études et de Recherches sur le Développement International - UdA - Université d'Auvergne - Clermont-Ferrand I - CNRS - Centre National de la Recherche Scientifique)

Abstract

The Economic Vulnerability Index (EVI) has now been used for a long time (in fact since 2000), as one of the three criteria of identification of the Least developed Countries (LDCs) (Guillaumont 2009a, 2009b, CDP and UNDESA 2008). As such, and in particular since 2005, when its present structure was adopted, it has gained in notoriety and has become recognized beyond the LDCs identification exercise. In particular it has been proposed as a criterion for aid allocation, including in a UN GA resolution (A/C.2/67/L.51) (Guillaumont 2009b, 2013). This proposal has even been implemented by the European Commission for the allocation of its assistance among the ACP countries, and among the countries eligible to the Development Cooperation Instrument. For its double use of criterion of LDCs identification and aid allocation, the consistency of the EVI appears to be a matter of utmost importance.

Suggested Citation

  • Patrick Guillaumont, 2014. "A necessary small revision to the EVI to make it more balanced and equitable," Post-Print halshs-01109993, HAL.
    • Handle: RePEc:hal:journl:halshs-01109993
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01109993
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    Citations

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    Cited by:

    1. Patrick Guillaumont, 2018. "Reforming the criteria for identifying Least Developed Countries according to the rationale of the category," Post-Print hal-01938321, HAL.
    2. Sosso Feindouno, 2019. "Improving the measurement of export instability in the Economic Vulnerability Index: A simple proposal," Post-Print hal-02167897, HAL.
    3. Sosso Feindouno, 2019. "Improving the measurement of export instability in the Economic Vulnerability Index: A simple proposal," Economics Bulletin, AccessEcon, vol. 39(2), pages 1629-1638.

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