Economic analysis of resilience: A framework for local policy response based on new case studies

Régibeau, Pierre; Rockett, Katharine

doi:10.3917/jie.011.0107

Cited by 10 publications

(8 citation statements)

References 46 publications

(34 reference statements)

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“…The basic difference between sustainability and resilience is that sustainability refers to developing and/or maintaining social, economic, and environmental conditions opportunities over the long-term whereas resilience refers to the recovery of the whole system from one or more shocks (Régibeau and Rockett, 2013 [107]), such that it may restore and retain in the long-term its functions, structure, identity, and feedbacks (Holling, 1996;and Walker et al 2004 [108,109]). Therefore, a sustainable system must not be necessarily resilient or may display different resilient behaviours depending on the kind of shock, the speed of recovery, and the level of bulk performance after shock.…”

Section: From Volcanic-hydrothermal Geodiversity To a Responsive And Resilience-driven Plan Of Sustainable Developmentmentioning

confidence: 99%

The Basse-Terre Island of Guadeloupe (Eastern Caribbean, France) and Its Volcanic-Hydrothermal Geodiversity: A Case Study of Challenges, Perspectives, and New Paradigms for Resilience and Sustainability on Volcanic Islands

et al. 2021

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The volcanic-hydrothermal geo-diversity of the Basse-Terre Island of Guadeloupe archipelago (Eastern Caribbean, France) is a major asset of the Caribbean bio-geoheritage. In this paper, we use Guadeloupe as a representative of many small island developing states (SIDS), to show that the volcanic-hydrothermal geodiversity is a major resource and strategic thread for resilience and sustainability. These latter are related to the specific richness of Guadeloupe’s volcanic-geothermal diversity, which is de facto inalienable even in the wake of climate change and natural risks that are responsible for this diversity, i.e., volcanic eruptions. We propose the interweaving the specificity of volcanic-geothermal diversity into planning initiatives for resilience and sustainability. Among these initiatives research and development programs focused on the knowledge of geodiversity, biodiversity and related resources and risks are central for the long-term management of the water resource, lato sensu. Such a management should include a comprehensive scientific observatory for the characterization, exploration, and sustainable exploitation of the volcanic-hydrothermal geodiversity alongside planning for and mitigating geophysical risks related to sudden volcanic-induced phenomena and long-term systemic drifts due to climate change. The results of this exercise for Guadeloupe could typify innovative paths for similar SIDS around their own volcanic-hydrothermal geodiversity.

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Section: From Volcanic-hydrothermal Geodiversity To a Responsive And Resilience-driven Plan Of Sustainable Developmentmentioning

confidence: 99%

The Basse-Terre Island of Guadeloupe (Eastern Caribbean, France) and Its Volcanic-Hydrothermal Geodiversity: A Case Study of Challenges, Perspectives, and New Paradigms for Resilience and Sustainability on Volcanic Islands

et al. 2021

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“…However, despite some confusion, the distinction appears to be relatively clear. As Régibeau and Rockett (2013) argue, while "resilience relates to recovery of a system from a shock, sustainability relates to the long-term trajectory -or opportunity set -of a social system". In addition, resilience requires definition of a shock to be applied, whereas sustainability does not.…”

Section: Resilience and Other Related Conceptsmentioning

confidence: 99%

“…Hence, this paper's focus on the economic dimension of resilience does not imply an underestimation the importance of the other dimensions or aspects of resilience (social, environmental, technological, etc.). This approach (or a particular analytical angle) shapes the answer to the important question about the performance measure because in the words of Régibeau and Rockett (2013), "resilience by one measure need not imply resilience by another". The key performance measures used further to operationalize the concept of urban economic resilience are the local economic output (city gross product), city revenue, employment rate and inequality.…”

mentioning

confidence: 99%

“…The second qualification is related to the uniqueness of the present situation caused by the COVID-19 pandemic, which shapes the response to the question "resilience for what?". Several authors (Régibeau andRockett 2013, Meerow et al 2016) have stressed that resilience needs to be contextualized, i.e., we must state the type of shock -mild or severe, specific or broad-based -to which we want our system to be resilient. In this respect, the proposed operationalization refers first and foremost to the COVID-19 shock.…”

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confidence: 99%

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Conceptualizing Urban Economic Resilience at the Time of Covid-19 and Beyond

2021

JABE

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Economic resilience has been identified as the key factor that defines the ability of urban communities to cope with the consequences of the ongoing COVID-19 crisis as well as any other global health-related economic shocks. This paper offers a dynamic action-oriented concept of urban economic resilience defined as the capacity and related capabilities of urban communities to plan for, anticipate negative shocks, including long-term stresses, to their economies, reallocate and mobilize resources to withstand those shocks, recover from the shocks, and rebuild at least to pre-crisis levels as soon as possible, while placing their economies on the path to sustainable economic growth and simultaneously strengthening their capacity to deal with any future shocks. the paper suggests key operational indicators for the identified variables and discusses how the conceptual framework presented in the paper can be used to measure urban economic resilience and assess city performances.

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“…An important factor is the time interval used to assess resilience, since the long-term resilience trajectory may be different, even if the end result may be similar and the (possible) path determines the optimal policy for the region [35]. For instance, Martin (see [30]) identifies four dimensions of regional resilience: resilience as resistance, recovery, structural reorientation, and renewal or resumption of a growth path.…”

Section: Management Of Cities and Regions 162mentioning

confidence: 99%

Some Perpetually Old and New Development Issues in the EU Regions: Competitiveness, Resilience, and Convergence: Where Do the New Member States Stand?

Iordan¹,

Chilian²

2017

Management of Cities and Regions

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Competitiveness, resilience, and convergence were topics that for decades were listed among the hot issues that have animated the scientific and political debates in the area of economic growth and economic development. For the new member states (NMS) of the European Union, which have accessed the Union since 2004, competitiveness and cohesion became from the first days of their EU membership key topics on their national policy agendas, both as directives of the EU policies to be transposed and implemented nationally and as genuine domestic concerns to be addressed by each of the NMS, while resilience revealed its importance a little bit later, on the occasion of the global economic crisis of 2008-2010 and subsequent recession. Considering their importance for the current and future socioeconomic development of the new member states, the authors present and briefly analyze the topics of competitiveness, resilience, and cohesion in a joint framework, at regional level, based on their common roots within the economic growth and development theories, with the help of a minimal, but powerful, set of relevant indicators, over three significant recent periods: ante-crisis, crisis, and post-crisis. The findings point toward both different and similar competitiveness, resilience, and convergence developments within the new member states and across countries, regions, and periods, also revealing growth and adaptation patterns similar to those found in the more developed regions and countries of the EU, especially in the wake of the global economic crisis.

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Economic analysis of resilience: A framework for local policy response based on new case studies

Cited by 10 publications

References 46 publications

The Basse-Terre Island of Guadeloupe (Eastern Caribbean, France) and Its Volcanic-Hydrothermal Geodiversity: A Case Study of Challenges, Perspectives, and New Paradigms for Resilience and Sustainability on Volcanic Islands

The Basse-Terre Island of Guadeloupe (Eastern Caribbean, France) and Its Volcanic-Hydrothermal Geodiversity: A Case Study of Challenges, Perspectives, and New Paradigms for Resilience and Sustainability on Volcanic Islands

Conceptualizing Urban Economic Resilience at the Time of Covid-19 and Beyond

Some Perpetually Old and New Development Issues in the EU Regions: Competitiveness, Resilience, and Convergence: Where Do the New Member States Stand?

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