Arbeitspapier

Economic vulnerability and resilience concepts and measurements

In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of economic openness, while economic resilience is defined as the policy-induced ability of an economy to withstand or recover from the effects of such shocks. The paper briefly reviews the work already carried out on economic vulnerability and extends the research towards the development of a conceptual and methodological framework for the definition and measurement of economic resilience. Towards this end, the paper proposes an index of economic resilience gauging the adequacy of policy in four broad areas, namely macroeconomic stability, microeconomic market efficiency, good governance and social development.

ISBN
978-92-9230-103-3
Sprache
Englisch

Erschienen in
Series: WIDER Research Paper ; No. 2008/55

Klassifikation
Wirtschaft
Thema
economic vulnerability
economic resilience
small states

Ereignis
Geistige Schöpfung
(wer)
Briguglio, Lino
Cordina, Gordon
Farrugia, Nadia
Vella, Stephanie
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Briguglio, Lino
  • Cordina, Gordon
  • Farrugia, Nadia
  • Vella, Stephanie
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2008

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