The weak healthcare and economic systems in sub-Saharan Africa and the Caribbean and Pacific countries make it harder for them to fight problems such as the COVID-19 pandemic The lowest-income countries have disproportionately young populations, which should lower their vulnerability to health impacts compared to higher-income countries. The Environmental Vulnerability Index (EVI) is a measurement devised by the South Pacific Applied Geoscience Commission (SOPAC), the United Nations Environment Program and others to characterize the relative severity of various types of environmental issues suffered by 243 enumerated individual nations and other … Since then, Perspectives on Global Development has been tracking the shift in global wealth and its impact on developing countries. The Climate Change Vulnerability Index evaluates the vulnerability of human populations to extreme climate events and changes in climate over the next 30 years. [3] Knowledge Index. 5 Economic vulnerability index = exposure index (50 per cent) + shock index (50 per cent), where ... For instance, based on 2019 statistics, in Vanuatu, Port Vila receives about one container ship every three days, with only four companies providing regular shipping More details on the data used in this report and the construction of the index can be found in the Annex of the report. The Global Climate Risk Index 2019 analyses to what extent countries and regions have been ... the index must not be mistaken for a comprehensive climate vulnerability. The new Climate Change Vulnerability Index (CCVI), released by global risks advisory firm Maplecroft, enables organisations to identify areas of risk within their operations, supply chains and investments. The EIB COVID-19 Economic Vulnerability Index examines three main factors that influence the resilience of economies to the COVID-19 shock. Get Started. Sikkim is the least vulnerable state with the index being 0.42. Building on four decades of experience in benchmarking competitiveness, the index maps the competitiveness landscape of 141 economies through 103 indicators organized into 12 themes. In addition, the weaker average capacity of economic systems in poorer countries can magnify how a drop in export revenues impacts economic stability. A majority of workers in the world are informally employed and contribute to economic and social development through market and non-market activities that are not protected, regulated, well-recognised or valued. Select one or more items in both lists to browse for the relevant content, Browse the selectedThemes and / or countries. It is creating huge uncertainties and long-term shifts in consumer preferences and production practices. However, this youth factor does not offset the lower capacity of most of the healthcare systems in sub-Saharan Africa and Latin America to handle a large number of COVID-19 cases. 2019. In this study, the new index of economic vulnerability—the economic vulnerability index by Feindouno and Goujon (2016), which captures the three main aspects of instabilities (i.e. For a clearer understanding of these impacts, our Economics Department developed an index based on a small set of economic indicators to rate countries’ vulnerability to the crisis. Data for a number of these countries are missing or incomplete, despite efforts to compensate for these problems. Economic Vulnerability Index Last updated March 26, 2019 "Economic vulnerability index" is one of the criteria used by the United Nations Committee for Development Policy, [1] an advisory body to the United Nations Economic and Social Council [2] in the identification of Least Developed Countries. The assessment shows that the vulnerability index is the highest for Assam (0.72) and Mizoram (0.71). This report outlines three categories of vulnerability: lowest, intermediate and highest. ompany results took … It evaluates 42 social, economic and environmental factors to assess national vulnerabilities across three core areas. ... 4.4 Expenditures and Economic Vulnerability ... MDDI multi-dimensional deprivation index MEB minimum expenditure basket MPCG Multi-Purpose Cash Working Group NGO non-governmental organization This indicator has also been proposed as a criterion for allocating official development assistance. In mid-March 2020, countries around the world began stepping up restrictions to fight the pandemic. This chart shows the Environmental Vulnerability Index (EVI) by Country.. Resilience in the European Union’s neighbourhood varies widely The Western Balkan countries face a challenging situation in the healthcare sector, with all falling into the highest or intermediate vulnerability category for this variable. International Support Measures. Austria's capital, Vienna, has ranked the most liveable city among the 140 cities surveyed by The Economist Intelligence Unit for the second year in a row. Economic Vulnerability Index, almost double that for non-SIDS (“š. ) Subscribe and receive monthly updates of the EIB’s activities around the world. The vulnerability of ENCA and Southern Neighbourhood countries is largely driven by their banking systems and the risk of unmanageable capital outflows. The resilience of a country’s economic system and the quality of its healthcare are key factors in its vulnerability to COVID-19, as shown in the below chart. We are strengthening economies and healthcare systems while fighting for a smart, green recovery. The Macro-Economic Vulnerability index was introduced in Economic Survey 2014-15. Based on the number of countries that had scores in the medium vulnerability category, two tiers were added to the classification system: (a) medium (low) vulnerability comprising index scores of 0.34 to 0.49; and (b) medium (high) vulnerability comprising index scores of 0.50 to 0.69. 40.2. Vulnerability maps for the social, economic, and environmental dimension, based on the geon approach and integrating expert weights are shown in Figures 3.8–3.10. The Economist Intelligence Unit (EIU) publishes an annual Global Liveability Ranking, which ranks 140 cities for their urban quality of life based on assessments of stability, healthcare, culture and environment, education and infrastructure. Climate Vulnerability Index (CVI): Climate Vulnerability Index (CVI) A systematic tool to rapidly assess climate change risk to World Heritage. This index. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Economic Indicators | List By Country - was last updated on Thursday, December 24, 2020. It presents the most current and countries across the world will see indirect economic impacts even when they may not be affected directly by the spread of the virus. Variation was high within each region. The COVID-19 crisis is already increasing the risk of debt distress. WTO webinar and documents on COVID-19 and LDC graduation 8 December 2020; Vanuatu has graduated from the LDC category 4 December 2020; … The most recent data available — for 2017 and from 1998 to 2017 — were taken into account. Bosnia and Herzegovina is the only country in the most highly exposed group to capital outflows. 2018-2019. Using the first component of exposure, vulnerability, and resilience index, in addition to the hazard data of Allen et al. The index shows that the economies of low-income countries are highly vulnerable to the COVID-19 pandemic. However, its key development challenges still include poverty, inequality, climate change, continued weak private sector investment and the vulnerability of the economy to internal and external shocks. Im heute (Montag) veröffentlichten Digitalen Wirtschafts- und Gesellschaftsindex (Digital Economy and Society Index - DESI) 2019 belegt Deutschland den 12. Kenya has made significant political, structural and economic reforms that have largely driven sustained economic growth, social development and political gains over the past decade. Few countries in either region fall into the highest vulnerability category based on the ratio of public debt to GDP. These regions are made up of the Southern Neighbourhood, Eastern Neighbourhood, and Central Asia, Turkey and the Western Balkans. How much longer can the dividends of shifting wealth benefit development, and what does this mean for development strategies? economic instability, social instability, and environmental instability)—is used to proxy for economic vulnerability. In 2003, the severe acute respiratory syndrome (SARS) virus dragged the world’s output down by $50 billion. Resilience in Latin America and Asia is mixed A significant number of countries in Latin America and Asia are in the highest vulnerability group based on the capacity of their healthcare systems and their vulnerability to capital outflows. As a result, oil accounts for at least half of Nigeria’s fiscal revenues. This includes Kyrgyzstan, where remittances account for at least a third of GDP. Then, the vulnerability of Tianjin urban economic system was measured from the perspectives of economy sensitivity and resilience using set pair analysis method. Then it presents a review of the efforts to assess local scale vulnerability, including the magnitude of economic loss caused by climate change, and the efforts to develop local vulnerability indicators… Although a relatively small proportion of these regions’ countries are above the public debt-to-GDP threshold that would put them into the highest vulnerability category, they in reality have far less capacity to cope with public debt than their peers in other regions. Comparative economic forecasts. This index showed that in 2012 India was the most vulnerable of the major emerging market countries. In the Western Balkans, Albania, Bosnia and Herzegovina and Montenegro fall into the highest vulnerability group for declines in tourism, remittance receipts or both. In response to the need expressed by the UN General Assembly, an economic vulnerability index (EVI) has been defined by the Committee for Development Policy. It combines exposure to climate extremes and change with the current human sensitivity to those climate stressors and the capacity of the country to adapt to the impacts of climate change. Evolution of the economic vulnerability index Perspectives on Global Development 2019 Rethinking Development Strategies In 2008, the weight of developing and emerging economies in the global economy tipped over the 50% mark for the first time. Welcome to the2019 Global Health Security Index. However, Nigeria has a very poorly functioning tax system, with tax revenues accounting for just 3-4% of GDP, and its ability to generate revenue from sources other than oil is very weak. The Global Climate Risk Index 2019 analyses to what extent countries and regions have been affected by impacts of weather-related loss events (storms, floods, heat waves etc.). Only 20% of countries in Latin America and 15% in sub-Saharan Africa are in the highest or intermediate vulnerability group for global value chains. It adds a country’s fiscal deficit, current account deficit, and inflation. The banking systems in the Western Balkan countries are more vulnerable to a protracted crisis, with the risk particularly high in Albania, Bosnia and Herzegovina and Montenegro. As a concept, social vulnerability describes combinations of social, cultural, economic, political, and institutional processes that shape socioeconomic differentials in the experience of and recovery from hazards. Latin America and Asia each have a small number of countries in the highest and lowest vulnerability groups, while most of the others exhibit intermediate vulnerability. We do not know when we will find a vaccine. 3 NEPAL OVID-19 ... 5Nepal Labor Force Survey. It is a crisis like no other. The concentration index of exports estimates a country’s reliance on a limited group of commodities as its primary source of foreign exchange income. Improving lives and creating jobs around the world. 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