Creating Resilient Economies
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Creating Resilient Economies

Entrepreneurship, Growth and Development in Uncertain Times

Edited by Nick Williams and Tim Vorley

Providing a coherent and clear narrative, Creating Resilient Economies offers a theoretical analysis of resilience and provides guidance to policymakers with regards to fostering more resilient economies and people. It adeptly illustrates how resilience thinking can offer the opportunity to re-frame economic development policy and practice and provides a clear evidence base of the cultural, economic, political and social conditions that shape the adaptability, flexibility and responsiveness to crises in their many forms.
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Chapter 14: Regional resilience: the critique revisited

Huiwen Gong and Robert Hassink

Abstract

One of the most intriguing questions in economic geography is why it is that some regional economies manage to renew themselves, whereas others remain locked in decline. In addition to evolutionary concepts, the idea of resilience is derived from ecology, psychology and disaster studies to tackle this question. After a strong critique of the regional resilience concept in 2010 pointing at three fundamental shortcomings, namely the focus on equilibrium and multi-equilibriums, the neglect of state, institutions and policy at several spatial levels and, the neglect of culture and social factors affecting adaptability, a burgeoning conceptual and empirical literature on regional resilience has emerged. This chapter therefore aims at revisiting the early critique on the basis of a review of this recent literature. It concludes that although most critique has been taken seriously, other, new challenges have recently emerged, such as the fuzziness of the concept, both among academic researchers and policy-makers, the way how to measure resilience and the way how evolutionary analysis should be carried out.

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