This paper examines the relevance of the concept of economic vulnerability for low income countries, a topic of recent concern in several international bodies. It first proposes some conceptual clarifications and a method to build an internationally comparable indicator. Three factors of...

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. The present paper, which refers to this index, first examines how a structural economic vulnerability index can be designed, in particular...

This paper analyzes the impact of remittances on household consumption instability in developing countries on a large panel of developing countries. The four main results are the following: Firstly, remittances significantly reduce household consumption instability. Secondly, the insurance role...

This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be measured by the residual of an openness function...

This paper focuses on the relationships between remittances and the share of individuals working for less than 2$ US per day. It is based on an original panel dataset containing information related to remittances in about 80 developing countries and to the number of workers being paid less than...