Economic Crisis and the Resilience of Regions
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Economic Crisis and the Resilience of Regions

A European Study

Edited by Gillian Bristow and Adrian Healy

The economic crisis of 2008-9 heralded the most severe economic downturn in the history of the European Union. Yet not all regions experienced economic decline and rates of recovery have varied greatly. This has raised new questions about what factors influence the economic resilience of regions. This book presents the results of an Applied Research Project conducted within the ESPON 2013 Programme and provides a detailed analysis of what made some European regions more resilient to the crisis than others.
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Chapter 9: Conclusion and recommendations

Gillian Bristow and Adrian Healy


The purpose of this concluding chapter is to draw together the key themes from the rich comparative analysis reported in this book, and to consider the wider implications for policy efforts to develop regional economic resilience. It highlights that a number of factors are positively associated with more resilient regions. These include more diverse, export-oriented economies with the presence of international companies. The experience of the crisis highlights the resilience risks of dependency on particular firms, sectors, markets and public-sector transfers. It also emphasises the dangers of making simplistic assumptions about the importance of particular factors to resilience outcomes. The different experiences of the crisis from the different European regions reported in this volume clearly highlight the important mediating role that is played by place-based characteristics.

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