Please use this identifier to cite or link to this item:
Title: Towards the development of the concept and the measurement of economic resilience
Authors: Briguglio, Lino
Cordina, Gordon
Bugeja, Stephanie
Farrugia, Nadia
Keywords: States, Small
Macroeconomics -- Case studies
Markets -- Case studies
States, Small -- Economic conditions
Issue Date: 2005
Publisher: University of Malta. Islands and Small States Institute
Citation: Briguglio, L., Cordina, G., Bugeja, S., & Farrugia, N. (2005). Towards the development of the concept and the measurement of economic resilience. Occasional Papers on Islands and Small States, 3, 1-26.
Abstract: This paper develops a conceptual and methodological framework for the analysis and measurement of economic resilience. The working definition of economic resilience adopted in this paper is the "nurtured" ability of an economy to recover from or adjust to the effects of adverse shocks to which it may be inherently exposed. This concept is used to provide an explanation as to why a number of inherently vulnerable countries have attained relatively high levels of GOP per capita. The paper also presents a tentative approach aimed at developing an index of economic resilience covering four aspects namely macroeconomic stability, microeconomic market efficiency, governance and social development.
ISSN: 10246282
Appears in Collections:Scholarly Works - InsSSI

Files in This Item:
File Description SizeFormat 
Towards_the_development_of_the_concept_and_the_measurement_of_economic_resilience.pdf3.25 MBAdobe PDFView/Open

Items in OAR@UM are protected by copyright, with all rights reserved, unless otherwise indicated.