
Introduction Vulnerability began to become a line of study in the field of social sciences towards the end of the 80s and the beginning of the 90s, due mainly to research undertaken in some of the Anglo-Saxon countries, but above all in Latin America, which aimed at understanding the diverse factors immersed in the economic crises and their effects on the levels of wellbeing among the population (Pizarro, 2001). We conclude that, despite the analytical advantages and possibilities they offer, there are some issues, such as the limitations to use resources and deploy strategies, the costs that people and families have to pay, and the deprivation process of resources that need further research.ġ. In this paper, we analyze three of these models, trying to make a linkage with the different dimensions of vulnerability.

The objectives of these proposals have been very wide, from those interested in the quality and quantity of available resources, up to those concerned in the experiences and subjective mediations of vulnerability. Based on this, different analytical models were developed in order to understand the process whereby individuals cope with vulnerability. They concluded that the core of this problem was the resources and how individuals mobilize them.

But, why certain persons and households are more likely to manage and overcome vulnerability than others? This was the question posed by a group of social researchers as a result of the economic and social changes occurred in Latin America since the late 80s.

Vulnerability is a multidimensional process in which the odds that people or groups suffer from some kind of loss or damage are very high, due to the resulted imbalance between the different dimensions that sustain individual and social life.
