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The list has been cited by journalists and academics in making broad comparative points about countries or regions. [2] [3] The report uses 12 factors to determine the rating for each nation, including security threats, economic implosion, human rights violations and refugee flows.
The index's ranks are based on 15 indicators of state vulnerability, grouped by category: Cohesion, Economic, Political, and Social. [4] The ranking is a critical tool in highlighting not only the normal pressures that all states experience, but also in identifying when those pressures are outweighing a state's capacity to manage those pressures.
A fragile state or weak state is a country characterized by weak state capacity or weak state legitimacy leaving citizens vulnerable to a range of shocks. The World Bank, for example, deems a country to be ‘fragile’ if it (a) is eligible for assistance (i.e., a grant) from the International Development Association (IDA), (b) has had a UN peacekeeping mission in the last three years, and (c ...
A failed state is a state that has lost its ability to fulfill fundamental security and development functions, lacking effective control over its territory and borders. . Common characteristics of a failed state include a government incapable of tax collection, law enforcement, security assurance, territorial control, political or civil office staffing, and infrastructure maintenan
World map showing country classifications per the IMF [46] and the UN [47] (last updated April 2023). The accuracy of the North–South divide has been challenged on a number of grounds. Firstly, differences in the political, economic and demographic make-up of countries tend to complicate the idea of a monolithic South. [22]
Euromoney's quarterly country risk index “Country Risk Survey” monitors the political and economic stability of 185 sovereign countries. Results focus foremost on economics, specifically sovereign default risk and/or payment default risk for exporters (a.k.a. “trade credit” risk).
The Index of Economic Freedom is an annual report published by The Heritage Foundation and The Wall Street Journal in the United States. Countries and regions are assessed as free, mostly free, moderately free, mostly unfree, or repressed. [3] These lists are from private Western institutions and not from the UN or IMF.
A politically unstable and kleptocratic government that economically depends upon the exports of a limited resource (fruits, minerals), and usually features a society composed of stratified social classes, such as a great, impoverished ergatocracy and a ruling plutocracy, composed of the aristocracy of business, politics, and the military. [32]