Abstract
The concept of resilience – that is, the way in which different subjects react to- and recover from- adverse shocks – has progressively entered the academic and policy debate in economics, and in regional economics specifically. Resilience is a well-established topic in other disciplines like physics and ecology, while the interest of economists is more recent; the interest in economic resilience has been enlarged by the recent so-called ‘Great Recession’, that is, the deep negative shock hitting the Western economies in 2008-10. Two of the most compelling consequences of the Great Recession are its spatial unevenness at regional and local level, and the long-term damage on economies and societies experiencing a deleterious mix of jobless recovery and secular stagnation (Wilkerson, 2009; Ball, 2014). The relevant current question is whether and how different regions within a country reacted in different manner to the Great recession; this has to do, clearly, with the regional resilience ability.
Original language | English |
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Title of host publication | Handbook of Regions and Competitiveness Contemporary Theories and Perspectives on Economic Development |
Editors | Robert Huggins, Piers Thompson |
Publisher | Edward Elgar Publishing |
ISBN (Electronic) | 978-1783475018 |
ISBN (Print) | 978-1783475001 |
Publication status | Published - 1 Mar 2017 |