Updated by Xenia Scheil-Adlung on 12.06.2015
The concept of vulnerability
You are vulnerable to a certain hazard if you have no means of coping with the consequences of that hazard once it has occurred: for example, not being able to afford medical care that can help you regain your health.
If you are vulnerable to a certain hazard then you are in need of a protecting mechanism that reduces your vulnerability. Social security makes you less vulnerable to the financial consequences of certain hazards, for example, illness if and when they materialize, i.e. it provides security or reduces insecurity.
The socio-economic vulnerability of countries is determined by
Both are key determinants of progress given their impact on the availability of funds from domestic resources (taxes and contributions) and the technical feasibility to reach out to the excluded.
Five levels of country vulnerability