Economic Resilience and Growth: Concept and applications (Japanese)

Satoshi Fujii, Koichi Kume and Yohei Kobayashi

Policy Discussion Papers (Japanese) from Research Institute of Economy, Trade and Industry (RIETI)

Abstract: While globalization of economic activity and development of information technology have brought us better living standards, they also may increase the diffusion of risks such as financial crises, natural disasters, and terrorism. Under these circumstances, the government of each country is required to mitigate the global risks in order to maintain the lives of the people. In this paper, we discuss the concept of "national resilience" for the security and safety of the people, and analyze data to show preliminary results indicating that strengthening economic resilience may mitigate risks and also promote economic growth.

Pages: 27 pages
Date: 2014-05
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Persistent link: https://EconPapers.repec.org/RePEc:eti:rpdpjp:14006

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