Theories of regional integration typically analyze the regional integration process from the perspective of a single discipline, usually economics. However, such one-dimensional analytical frameworks cannot fully capture the richness and complexity of the inherently multi-dimensional regional...

This paper introduces an alternative indicator to evaluate the external sector behavior of a country or region. The objective of this indicator, titled “The External Sector Vulnerability Monitoring Index” (henceforth ESVM) (λ), is to offer policy-makers and researchers a new analytical tool...