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Heterogeneous economic resilience and the great recession's world trade collapse

van Bergeijk, P. A. G., Brakman, S. & van Marrewijk, C., Mar-2017, In : Papers in Regional Science. 96, 1, p. 3-+ 11 p.

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  • Heterogeneous economic resilience and the great recession's world trade collapse

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This special section aims to fill a gap in the regional resilience literature and to stimulate future spatial studies of resilience to include the international dimension in empirical analyses. It demonstrates the do-ability and relevance by the natural experience of the global trade collapse that allows us to separate the effect of collapse upon event and ex post recovery because no ex ante resilience measures were taken. This is a great methodological advantage with respect to the literature on natural disasters and financial crises that is confronted with the difficulty of identifying resilience because of ex ante measures (prevention or inherent resilience measures) and ex post measures (recovery or adaptive resilience measures).

Resumen Esta seccion especial tiene como objetivo llenar un vacio en la literatura sobre la resiliencia regional y estimular los estudios espaciales futuros sobre la resiliencia, para que incluyan la dimension internacional en los analisis empiricos. Demuestra la factibilidad y la relevancia por medio de la experiencia natural del colapso del comercio mundial, que nos permite separar el efecto del colapso tras el evento y la recuperacion ex-post debido a que no se tomaron medidas de resiliencia ex-ante. Esta es una gran ventaja metodologica con respecto a la literatura sobre los desastres naturales y las crisis financieras que aborda la dificultad de identificar la resiliencia, debido a medidas ex-ante (prevencion o medidas inherentes de resiliencia) y medidas ex-post (recuperacion o medidas de resiliencia adaptativa).

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Original languageEnglish
Pages (from-to)3-+
Number of pages11
JournalPapers in Regional Science
Volume96
Issue number1
Publication statusPublished - Mar-2017

    Keywords

  • Resilience, great recession, trade collapse, global shock, REGIONAL RESILIENCE, CRISIS

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