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Current Methodological Approaches in Economic Resilience Analysis. Empirical Findings in the EaP Countries

In: Resilience and the EU’s Eastern Neighbourhood Countries

Author

Listed:
  • Carmen Pintilescu

    (Alexandru Ioan Cuza University of Iasi)

  • Daniela Viorică

    (Alexandru Ioan Cuza University of Iasi)

Abstract

Resilience is a complex concept that must be analysed from a systemic and multidimensional perspective. The academic literature has not provided a generally accepted methodology for the operationalisation and empirical measurement of resilience, generating various approaches. This chapter develops an analysis of the Eastern Partnership countries by creating an economic resilience capacity index and identifying the most important factors that influence the economic resilience capacity of these countries. The results show that Georgia has the highest economic resilience capacity, while Ukraine is the least economically resilient country in the region. The results of the estimations could lay the basis for the elaboration of analytical and predictive simulations regarding the capacity of a region to recover from shocks.

Suggested Citation

  • Carmen Pintilescu & Daniela Viorică, 2019. "Current Methodological Approaches in Economic Resilience Analysis. Empirical Findings in the EaP Countries," Springer Books, in: Gilles Rouet & Gabriela Carmen Pascariu (ed.), Resilience and the EU’s Eastern Neighbourhood Countries, chapter 11, pages 321-348, Springer.
  • Handle: RePEc:spr:sprchp:978-3-030-25606-7_11
    DOI: 10.1007/978-3-030-25606-7_11
    as

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