Regional resilience in Italy: do employment and income tell the same story?

Roberto Cellini, Paolo Di Caro, Gianpiero Torrisi

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

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 languageEnglish
Title of host publicationHandbook of Regions and Competitiveness Contemporary Theories and Perspectives on Economic Development
EditorsRobert Huggins, Piers Thompson
PublisherEdward Elgar Publishing
ISBN (Electronic)978-1783475018
ISBN (Print)978-1783475001
Publication statusPublished - 1 Mar 2017

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