An Analysis of Resilience in Complex Socioeconomic Systems

Amitrajeet A. Batabyal, Karima Kourtit

Research output: Working paper / PreprintWorking paperAcademic

Abstract

The notion of resilience originated in the ecology literature in the modern or post-World War II era. Even so, this term has now found widespread use in the social sciences in general and in regional science in particular. Although this expansion in the use of resilience is welcome, it is<br>important to recognize that there is some ambiguity and confusion in the extant regional science<br>literature about foundational issues and hence also about the nature of policy when resilience is a<br>factor to contend with. Given this state of affairs, in this chapter, we provide a detailed discussion<br>of three foundational and two policy related issues concerning the use of resilience in regional<br>science. The three foundational issues are about definitions, whether resilience is a process, and<br>whether resilience is always a good thing. The two policy issues concern multiple stable states and<br>the connection between the twin notions of resilience and sustainability. The chapter concludes<br>with some retrospective and prospective remarks.
Original languageEnglish
PublisherSSRN
Number of pages37
DOIs
Publication statusPublished - 18 Feb 2021

Publication series

SeriesRIT Economics Department Working Paper
Number2
Volume21

Keywords

  • Complex System
  • Dynamic
  • Process
  • Resilience
  • Static
  • Sustainability

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