Many poor countries are now discovering valuable non-renewable natural resources. Unlike most other sources of tax revenue, the government revenues from the depletion of these resources are both unsustainable and volatile. Each of these features implies that the savings rate appropriate for...

Economic instability may trigger ex ante and ex post corruption strategies, respectively resulting from the perception and experience of economic fluctuations. Using measures of export instability reflecting its ex ante and ex post effects, dynamic panel estimations are conducted with corruption...

Economic instability may trigger ex ante and ex post corruption strategies, respectively resulting from the perception and experience of economic fluctuations. Using measures of export instability reflecting its ex ante and ex post effects, dynamic panel estimations are conducted with corruption...

This document is aimed at presenting detailed calculation principles for annual retrospective series of the Economic Vulnerability Index according to the 2012 UN-CDP definitions. It is organized as successive technical sheets explaining EVI retrospective component calculation, reminding...

La vulnérabilité économique est le risque pour un pays de voir son développement entravé par des chocs naturels ou externes (Guillaumont, 2008, 2009). L’intérêt porté à la vulnérabilité économique des pays en développement est devenu plus important depuis les années 1990. Cette...

Monitoring of structural change in Least Developed Countries (LDCs) requires examination of the changes in their structural economic vulnerability. This cannot be done by comparing the level of the Economic Vulnerability Index (EVI) that is calculated for each triennial review of the list of...

Economic vulnerability can be defined as the likelihood that a country’s economic development process is hindered by the occurrence of exogenous unforeseen events, often called external shocks (Guillaumont, 2008; 2009). Since the 90s, the interest in developing countries’ economic vulnerability...

Monitoring of structural change in Least Developed Countries (LDCs) requires examination of the changes in their structural economic vulnerability. This cannot be done by comparing the level of the Economic Vulnerability Index (EVI) that is calculated for each triennial review of the list of...

This document is aimed at presenting detailed calculation principles for annual retrospective series of the Economic Vulnerability Index according to the 2012 UN-CDP definitions. It is organized as successive technical sheets explaining EVI retrospective component calculation, reminding...

This paper is an empirical study on the effects of export instability on corruption, in developed and developing countries. We consider that corrupt transactions may arise from the necessity to protect against the detrimental effects of income fluctuations on welfare. We assume that export...