Ranking regional economic resilience in the EU

Nicola Pontarollo and Carolina Serpieri

Chapter 7 in Handbook on Regional Economic Resilience, 2020, pp 103-125 from Edward Elgar Publishing

Abstract: This chapter explores the Regional Economic Resilience Indicator (RERI) which has been developed as a composite indicator of the resilience capacity of a region. It accounts for elements of the “resilience life cycle†, categorizing them into four dimensions: introduction, growth, maturity, decline or renewal. These dimensions are then linked to the respective slow burning and shock wave processes. The investigation reveals that resilience capacities accumulated in the long-run may not be adequately managed and may even be lost in the short-run when the shock intervenes. Precisely, EU-13 countries have been able to keep the capacities accumulated during the slow burning and use them to recover after the crisis, while EU-15 experienced greater difficulties in dealing with the shock, deteriorating or not perfectly using the capacities accumulated.

Keywords: Economics and Finance; Geography (search for similar items in EconPapers)
Date: 2020
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