The article "The Structural Determinants of External Vulnerability" by Norman V. Loayza and Claudio Raddatz explores factors that make countries vulnerable to external economic shocks. The researchers analyzed data to identify key determinants of vulnerability. They found that factors like high debt levels, low foreign exchange reserves, and reliance on foreign borrowing increase a country's vulnerability to external shocks. This study provides insights into how countries can strengthen their resilience to economic crises.