Theoretical Mechanisms and Suggestions for Fostering the Economic Resilience of Chinese Cities from the Perspective of Urban Social Networks

Chen Yao ()
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Chen Yao: Postdoctoral fellow in Research Institute for Eco-Civilization, CASS. Beijing, China

China Finance and Economic Review, 2024, vol. 13, issue 2, 112-129

Abstract: Uncertainties are becoming more and more diverse around the world, and risks and impacts affecting the healthy development of cities are increasing. Fostering urban social resilience is not only a proactive countermeasure to growing external pressures and potential impacts, but also an important starting point for growth. This article analyzes the impact mechanisms of three important types of urban social networks - degree centrality (DC), closeness centrality (CC), and betweenness centrality (BC) - between residents, and organizations on the economic resilience of cities from the perspective of social networks. It summarizes the challenges faced in enhancing economic resilience under the social network perspective, including unbalanced resource allocation, sparse social contact networks, weak social bottom lines, lack of social trust, and insufficient innovation capabilities. On this basis, this article makes suggestions such as strengthening the construction of social networks, promoting urban economic restructuring to enhance the adaptability and innovation capabilities of cities, fostering diverse urban social networks, optimizing information dissemination mechanisms, strengthening the construction of urban social credit systems, and improving the social security system in order to fostering the resilience of through the perspective of social networks.

Keywords: urban social networks; economic resilience; theoretical mechanisms; policy recommendations (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bpj:cferev:v:13:y:2024:i:2:p:112-129:n:1006

DOI: 10.1515/cfer-2024-0012

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