Current Methodological Approaches in Economic Resilience Analysis. Empirical Findings in the EaP Countries

Carmen Pintilescu () and Daniela Viorică
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Carmen Pintilescu: Alexandru Ioan Cuza University of Iasi
Daniela Viorică: Alexandru Ioan Cuza University of Iasi

Chapter 11 in Resilience and the EU’s Eastern Neighbourhood Countries, 2019, pp 321-348 from Springer

Abstract: Abstract Resilience is a complex concept that must be analysed from a systemic and multidimensional perspective. The academic literature has not provided a generally accepted methodology for the operationalisation and empirical measurement of resilience, generating various approaches. This chapter develops an analysis of the Eastern Partnership countries by creating an economic resilience capacity index and identifying the most important factors that influence the economic resilience capacity of these countries. The results show that Georgia has the highest economic resilience capacity, while Ukraine is the least economically resilient country in the region. The results of the estimations could lay the basis for the elaboration of analytical and predictive simulations regarding the capacity of a region to recover from shocks.

Keywords: Economic resilience analysis; Multivariate analysis; Composite index; Econometric models; EaP countries (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-25606-7_11

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DOI: 10.1007/978-3-030-25606-7_11

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