UN launches new way to measure nations' economic vulnerability

Indonesia Berita Berita

UN launches new way to measure nations' economic vulnerability
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United Nations, United States – The UN General Assembly on Tuesday officially launched a new data-driven “vulnerability” index that would help small island states and developing nations gain access to low-interest financing.

After years of international discussions to define the contours of the new tool, the General Assembly finally adopted a resolution by consensus on Tuesday that mandates the UN and a committee of independent experts keep it up to date. Although initially proposed by small island states, the MVI “aims to capture exogenous vulnerabilities and lack of resilience to exogenous shocks of all developing countries, so as to ensure credibility and comparability,” the resolution says.

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Indonesia Berita Terbaru, Indonesia Berita utama

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