Growth and Resilience Dialogue 15/02/2018

SIDS are highly economically vulnerable

The diagram on the right shows the Economic Vulnerability Index , re- scaled from 0 to 1 (as calculated by the present author) and its relation to country size. Vulnerability indices of the type constructed by the present author generally conclude that small states, especially island ones, tend to be more economically vulnerable than other groups of countries.

1.0

Economic Vulnerability Index (Briguglio 2016)

0.8

0.6

0.4

Vulnerability Index

0.2

0.0

1 2 3 4 5 6 7

Log of Population Size

3. Economic Vulnerability