Introduction: Navigating the Landscape of Social and Economic Resilience

Alina Hyz ()
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Alina Hyz: University of West Attica

Chapter Chapter 1 in The Role of the Public Sector in Building Social and Economic Resilience, 2024, pp 1-12 from Springer

Abstract: Abstract Various factors such as economic, health, environmental, and social crises, rapid technological advancements with unpredictable consequences, globalization, and the looming climate crisis are shaping the modern landscape. Resilience, in this context, signifies society and the economy's capacity to not only withstand but also adapt and thrive in the face of diverse challenges. It can be argued that a resilient system minimizes the cumulative loss of well-being. The higher the level of resilience, the lower the losses incurred when faced with inevitable shocks that every economy is prone to experience. In other words, resilience is a condition and a catalyst for prosperity.

Date: 2024
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DOI: 10.1007/978-3-031-67702-1_1

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