The Pentagon of Vulnerability and Resilience: A Methodological Proposal in Development Economics Using Graph Theory

16 Pages Posted: 28 Feb 2014

See all articles by Samuel Bates

Samuel Bates

University of Angers - GRANEM

Valérie Angeon

University of the Antilles and Guyane - CEREGMIA

Ahmed Ainouche

University of the Antilles and Guyane - CEREGMIA

Date Written: April 22, 2013

Abstract

Several assessment of vulnerability and resilience have been attempted at a country level through composite indices but they are barely in accord with a holistic view of sustainable development. We suggest graph theory to structure a network of variables that depict vulnerability and resilience from a sustainable development perspective. Vulnerability is defined as the propensity to incur adverse shocks whereas resilience is the capacity to cope with their negative effects. We identify two control dimensions of vulnerability-resilience (economic and political) and three contingency factors (the social, environmental and the peripheral dimensions). The specificity of the control dimensions is rooted in their impact on all other sides of the pentagon. We propose an efficient algorithm to select the key variables useful in building a parsimonious composite index that conforms to the structure of these five dimensions while preventing loss of information. An application is provided on Singapore which has been specified as a typical case of resilience.

Keywords: Graph theory, Algorithm, Vulnerability, Resilience, Sustainable development

JEL Classification: C02, C65, O11, Q01

Suggested Citation

Bates, Samuel and Angeon, Valérie and Ainouche, Ahmed, The Pentagon of Vulnerability and Resilience: A Methodological Proposal in Development Economics Using Graph Theory (April 22, 2013). Available at SSRN: https://ssrn.com/abstract=2402140 or http://dx.doi.org/10.2139/ssrn.2402140

Samuel Bates (Contact Author)

University of Angers - GRANEM ( email )

UFR Esthua
7 allée François Mitterrand
Angers, 49001
France

Valérie Angeon

University of the Antilles and Guyane - CEREGMIA ( email )

United States

Ahmed Ainouche

University of the Antilles and Guyane - CEREGMIA ( email )

United States

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