Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/64524
Title: Chapter 6 : practical steps for profiling economies in terms of vulnerability and resilience
Other Titles: Profiling vulnerability and resilience : a manual for small states
Authors: Briguglio, Lino
Cordina, Gordon
Vella, Stephanie
Vigilance, Constance
Keywords: Economic development -- Research -- Methodology
Economic security
Benchmarking (Management)
Issue Date: 2010
Publisher: University of Malta. Islands and Small States Institute & The Commonwealth Secretariat
Citation: Briguglio, L., Cordina, G., Vella, S., & Vigilance, C. (2010). Chapter 6 : practical steps for profiling economies in terms of vulnerability and resilience. In: L. Briguglio, G. Cordina, S. Vella, & C. Vigilance (Eds.), Profiling vulnerability and resilience : a manual for small states. Msida: University of Malta. Islands and Small States Institute & London: The Commonwealth Secretariat. 46-69.
Abstract: As explained in the previous chapter, studies that produce indices of economic vulnerability and resilience are cross-sectional approaches, aimed at benchmarking countries within a global context. For the purposes of policy formulation and implementation, benchmarking within an international context is often merely a starting point which needs to be followed by more in-depth investigation of issues within the specific context of the country and its circumstances. A project towards this end was conducted by the Commonwealth Secretariat in collaboration with the University of Malta. This project led to the to the development of a conceptual approach for profiling an individual country in terms of vulnerability and resilience, as described in the previous chapter. Importantly, the project also led to the profiling of three small states namely St Lucia, Seychelles and Vanuatu, in terms of economic vulnerability and resilience. This chapter puts forward a practical guide as to how the conceptual approach described in the previous chapter can be applied.
URI: https://www.um.edu.mt/library/oar/handle/123456789/64524
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