This paper gives a conceptual overview of the openness and vulnerability, sharing which in both cases respectively depends on economic policy and on structural factors, independent from policy. It focuses on openness policy, proposed to be measured by the residual of an openness function...

This paper examines the relevance of the concept of economic vulnerability for low income countries, a topic of recent concern in several international bodies. It first proposes some conceptual clarifications and a method to build an internationally comparable indicator. Three factors of...