Regional resilience in the 2008--2010 downturn: comparative evidence from European countries

Sara Davies

Cambridge Journal of Regions, Economy and Society, 2011, vol. 4, issue 3, 369-382

Abstract: The paper draws on the concept of regional resilience to examine the impact of the 2008--2010 downturn across regions in Europe. It finds that correlations between resilience and regional strength/fragility varied between countries in both 2009 and 2010, that resilience was weaker in manufacturing regions in 2009 but not 2010 and that the resilience of regions with high rates of construction employment was mainly low in regions affected by asset bubbles. Fiscal stimulus and tightening packages in 2008--2012 are shown to have regional dimensions in many countries but their regional impact varies, depending on political decisions and existing institutional frameworks. Copyright 2011, Oxford University Press.

Date: 2011
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Cambridge Journal of Regions, Economy and Society is currently edited by Judith Clifton, Anna Davies, Betsy Donald, Emil Evenhuis, Stefania Fiorentino (Associate Editor), Harry Garretsen, Meric Gertler, Amy Glasmeier, Mia Gray, Robert Hassink, Dieter Kogler, Michael Kitson, Linda Lobao, Charles van Marrewijk, Ron Martin, Peter Sunley, Peter Tyler and Chun Yang

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