Bhattacharyya, Ranajoy; Chatterjee, Riddhi - In: Contemporary issues in international trade : challenges …, (pp. 49-61). 2024
Abstract A country is vulnerable when it is susceptible to shocks. This chapter uses data from 34 developing countries to investigate vulnerability trends for them since the 1990s. We find that the level of economic development is inversely related to macroeconomic vulnerability. The countries...