The concept of resilience in economics: a comprehensive analysis and systematic review of economic literature
Abstract: Purpose
The article seeks to identify what constitutes economic resilience and how it is conceptualized in economic theory and policy. It explores the nuances of resilience as the ability of an economic system to adapt, reorganize and recover from shocks such as recessions or crises.
Design/methodology/approach
The article highlights the use of corpus linguistics methods and content analysis techniques to systematically analyse how economic resilience is discussed in the literature, providing a more objective and data-driven perspective on the topic.
Findings
The findings of the review are intended to help deepen the understanding of resilience in economic systems, with a focus on its implications for future research, policy development and economic planning. The authors emphasize the importance of resilience for sustainable and adaptable economies, particularly in light of global economic disruptions.
Originality/value
The article’s originality comes from its methodological innovation (using corpus linguistics), comprehensive review of economic resilience across multiple theories and its policy-oriented focus on improving economic systems’ adaptability to external shocks. It provides a fresh and systematic perspective that enriches the academic discussion on resilience, with clear implications for future research and policymaking.
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