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State Vulnerability and the Facets of Development: Lessons from Post-Communist Evolutions in South-Eastern Europe


Valentin Cojanu


Academy of Economic Studies of Bucharest

Alina-Irina Popescu


Academy of Economic Studies Bucharest

May 22, 2008

Proceedings of the 4th International Conference of ASECU, 'Development: Cooperation and Competitiveness', Bucharest, May 22-24, 2008

Abstract:     
This paper contrasts various theoretical constructs of ‘state vulnerability’ and explores in a summary account their applicability for the development processes in South Eastern Europe.

The findings support the supposition that ‘vulnerability’ is an elusive concept despite many attempts at quantifying fragility of a country’s political and economical construction. This paper provides a comparative analysis of three categories of indices, of human development, of governance (i.e. government effectiveness), and of economic performance. On the example of South Eastern Europe countries, it is argued that the varied facets of vulnerability enlarge the perspective of development, and also suggested that the expected correlations require an extension of the standard analytical framework.

Number of Pages in PDF File: 11

Keywords: development, vulnerability, the Balkans, failed states

JEL Classification: F52, O19

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Date posted: February 28, 2011  

Suggested Citation

Cojanu, Valentin and Popescu, Alina-Irina, State Vulnerability and the Facets of Development: Lessons from Post-Communist Evolutions in South-Eastern Europe (May 22, 2008). Proceedings of the 4th International Conference of ASECU, 'Development: Cooperation and Competitiveness', Bucharest, May 22-24, 2008. Available at SSRN: http://ssrn.com/abstract=1769683 or http://dx.doi.org/10.2139/ssrn.1769683

Contact Information

Valentin Cojanu
Academy of Economic Studies of Bucharest ( email )
6, Romana Square, District 1
Bucharest, 010374
Romania
Alina-Irina Popescu (Contact Author)
Academy of Economic Studies Bucharest ( email )
6, Romana Square, District 1
Bucharest, 010374
Romania
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