Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective

Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective
Author: Adam Rose
Publisher: Springer
Total Pages: 125
Release: 2017-04-03
Genre: Business & Economics
ISBN: 9811015333

Download Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective Book in PDF, Epub and Kindle

This volume presents an economic framework for the analysis of resilience in relation to societal, environmental, and personal security perspectives. It offers a rigorous definition of economic resilience and an operational metric, and it shows how they can be applied to measuring and applying the concept to private and public decision making. Major dimensions of resilience and their implications for human development are explored. Resilience is emphasized as a coping mechanism for dealing with short-term crises, such as natural disasters and acts of terrorism. As well, the author shows how lessons learned in the short-run out of necessity and through the application of human ingenuity can be incorporated into long-run sustainability practices. In part, this opportunity stems from viewing resilience as a process, one that enhances individual and societal competencies. The book links economic resilience to several other disciplines and examines the relationship between resilience and various other key concepts such as vulnerability, adaptation, and sustainability. It scrutinizes the measurement of economic resilience in terms of temporal, spatial, and scale dimensions. It examines the time-path of resilience and relates it to the recovery process.This work also looks closely at progress on the formulation of resilience indices and stresses the importance of actionable variables. It presents a risk-management framework, including aspects of cost-effectiveness and cost-benefit analysis. Additionally, it explores the role of resilience in relation to the co-benefits of disaster risk management.

Bridging the Gap

Bridging the Gap
Author: Grazia Brunetta
Publisher: MDPI
Total Pages: 266
Release: 2021-06-10
Genre: Social Science
ISBN: 3036507663

Download Bridging the Gap Book in PDF, Epub and Kindle

The concept of resilience has arisen as a “new way of thinking”, becoming a response to both the causes and effects of ongoing global challenges. As it strongly stresses cities’ transformative potential, resilience’s final purpose is to prevent and manage unforeseen events and improve communities’ environmental and social quality. Although the resilience theory has been investigated in depth, several methodological challenges remain, mainly related to the concept’s practical sphere. As a matter of fact, resilience is commonly criticised for being too ambiguous and empty of meaning. At the same time, turning resilience into practice is not easy to do. This will arguably be one of the most impactful global issues for future research on resilience. The Special Issue “Bridging the Gap: The Measure of Urban Resilience” falls under this heading, and it seeks to synthesise state-of-the-art knowledge of theories and practices on measuring resilience. The Special Issue collected 11 papers that address the following questions: “What are the theoretical perspectives of measuring urban resilience? What are the existing methods for measuring urban resilience? What are the main features that a technique for measuring urban resilience needs to have? What is the role of measuring urban resilience in operationalising cities’ ability to adapt, recover and benefit from shocks?”

Economic Resilience

Economic Resilience
Author: Stéphane Hallegatte
Publisher:
Total Pages: 46
Release: 2014
Genre: Business losses
ISBN:

Download Economic Resilience Book in PDF, Epub and Kindle

"The welfare impact of a disaster does not only depend on the physical characteristics of the event or its direct impacts in terms of lost lives and assets. Welfare impacts also depend on the ability of the economy to cope, recover, and reconstruct and therefore to minimize aggregate consumption losses. This ability can be referred to as the macroeconomic resilience to natural disasters. Macroeconomic resilience has two components: instantaneous resilience, which is the ability to limit the magnitude of immediate production losses for a given amount of asset losses, and dynamic resilience, which is the ability to reconstruct and recover. Welfare impacts also depend on micro-economic resilience, which depends on the distribution of losses; on households' vulnerability, such as their pre-disaster income and ability to smooth shocks over time with savings, borrowing, and insurance, and on the social protection system, or the mechanisms for sharing risks across the population. The (economic) welfare disaster risk in a country can be reduced by reducing the exposure or vulnerability of people and assets (reducing asset losses), increasing macroeconomic resilience (reducing aggregate consumption losses for a given level of asset losses), or increasing microeconomic resilience (reducing welfare losses for a given level of aggregate consumption losses). The paper proposes rules of thumb to estimate macroeconomic and microeconomic resilience based on the relevant parameters in the economy. It also provides a toolbox of policies to increase macro- or micro-economic resilience and a list of indicators that can be used to build a resilience indicator"--Abstract.

Economic Resilience

Economic Resilience
Author: S. Hallegatte
Publisher:
Total Pages: 46
Release: 2017
Genre:
ISBN:

Download Economic Resilience Book in PDF, Epub and Kindle

The welfare impact of a disaster does not only depend on the physical characteristics of the event or its direct impacts in terms of lost lives and assets. Welfare impacts also depend on the ability of the economy to cope, recover, and reconstruct and therefore to minimize aggregate consumption losses. This ability can be referred to as the macroeconomic resilience to natural disasters. Macroeconomic resilience has two components: instantaneous resilience, which is the ability to limit the magnitude of immediate production losses for a given amount of asset losses, and dynamic resilience, which is the ability to reconstruct and recover. Welfare impacts also depend on micro-economic resilience, which depends on the distribution of losses; on households' vulnerability, such as their pre-disaster income and ability to smooth shocks over time with savings, borrowing, and insurance, and on the social protection system, or the mechanisms for sharing risks across the population. The (economic) welfare disaster risk in a country can be reduced by reducing the exposure or vulnerability of people and assets (reducing asset losses), increasing macroeconomic resilience (reducing aggregate consumption losses for a given level of asset losses), or increasing microeconomic resilience (reducing welfare losses for a given level of aggregate consumption losses). The paper proposes rules of thumb to estimate macroeconomic and microeconomic resilience based on the relevant parameters in the economy. It also provides a toolbox of policies to increase macro- or micro-economic resilience and a list of indicators that can be used to build a resilience indicator.

Developing a Framework for Measuring Community Resilience

Developing a Framework for Measuring Community Resilience
Author: National Research Council
Publisher: National Academies Press
Total Pages: 113
Release: 2015-03-26
Genre: Social Science
ISBN: 0309347416

Download Developing a Framework for Measuring Community Resilience Book in PDF, Epub and Kindle

The 2012 National Research Council report Disaster Resilience: A National Imperative highlighted the challenges of increasing national resilience in the United States. One finding of the report was that "without numerical means of assessing resilience, it would be impossible to identify the priority needs for improvement, to monitor changes, to show that resilience had improved, or to compare the benefits of increasing resilience with the associated costs." Although measuring resilience is a challenge, metrics and indicators to evaluate progress, and the data necessary to establish the metric, are critical for helping communities to clarify and formalize what the concept of resilience means for them, and to support efforts to develop and prioritize resilience investments. One of the recommendations from the 2012 report stated that government entities at federal, state, and local levels and professional organizations should partner to help develop a framework for communities to adapt to their circumstances and begin to track their progress toward increasing resilience. To build upon this recommendation and begin to help communities formulate such a framework, the Resilient America Roundtable of the National Academies convened the workshop Measures of Community Resilience: From Lessons Learned to Lessons Applied on September 5, 2014 in Washington, D.C. The workshop's overarching objective was to begin to develop a framework of measures and indicators that could support community efforts to increase their resilience. The framework will be further developed through feedback and testing in pilot and other partner communities that are working with the Resilient America Roundtable. This report is a summary of the one-day workshop, which consisted of a keynote address and two panel sessions in the morning and afternoon breakout sessions that began the discussion on how to develop a framework of resilience measures.

Profiling Vulnerability and Resilience

Profiling Vulnerability and Resilience
Author: Lino Briguglio
Publisher: Commonwealth Secretariat
Total Pages: 148
Release: 2010
Genre: Economic policy
ISBN: 9781849290357

Download Profiling Vulnerability and Resilience Book in PDF, Epub and Kindle

This book provides a tool for assessing both how prone a country is to external economic shocks - its vulnerability - as well as its ability bounce back from those shocks - its resilience. For economic planners, as well as students of the economies of small states.

Building and Measuring Community Resilience

Building and Measuring Community Resilience
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 153
Release: 2019-05-26
Genre: Social Science
ISBN: 0309489725

Download Building and Measuring Community Resilience Book in PDF, Epub and Kindle

The frequency and severity of disasters over the last few decades have presented unprecedented challenges for communities across the United States. In 2005, Hurricane Katrina exposed the complexity and breadth of a deadly combination of existing community stressors, aging infrastructure, and a powerful natural hazard. In many ways, the devastation of Hurricane Katrina was a turning point for understanding and managing disasters, as well as related plan making and policy formulation. It brought the phrase "community resilience" into the lexicon of disaster management. Building and Measuring Community Resilience: Actions for Communities and the Gulf Research Program summarizes the existing portfolio of relevant or related resilience measurement efforts and notes gaps and challenges associated with them. It describes how some communities build and measure resilience and offers four key actions that communities could take to build and measure their resilience in order to address gaps identified in current community resilience measurement efforts. This report also provides recommendations to the Gulf Research Program to build and measure resilience in the Gulf of Mexico region.

Disasters and Social Resilience

Disasters and Social Resilience
Author: Helen J. Boon
Publisher: Routledge
Total Pages: 249
Release: 2016-05-20
Genre: Business & Economics
ISBN: 1317392035

Download Disasters and Social Resilience Book in PDF, Epub and Kindle

The interconnectedness of communities, organisations, governing bodies, policy and individuals in the field of disaster studies has never been accurately examined or comprehensively modelled. This kind of study is vital for planning policy and emergency responses and assessing individual and community vulnerability, resilience and sustainability as well as mitigation and adaptation to climate change impacts; it therefore deserves attention. Disasters and Social Resilience fills this gap by introducing to the field of disaster studies a fresh methodology and a model for examining and measuring impacts and responses to disasters. Urie Bronfenbrenner’s bioecological systems theory, which is used to look at communities holistically, is outlined and illustrated through a series of chapters, guiding the reader from the theory's underpinnings through research illustrations and applications focused on each level of Bronfenbrenner’s ecosystems, culminating in an integration chapter. The final chapter provides policy recommendations for local and national government bodies and emergency providers to help individuals and communities prepare and withstand the effects of a range of disasters. This book will be of great interest to scholars and students of disaster and emergency management, disaster readiness and risk reduction (DRR), and to scholars and students of more general climate change and sustainability studies.

Advances in Analyzing and Measuring Dynamic Economic Resilience

Advances in Analyzing and Measuring Dynamic Economic Resilience
Author: Adam Rose
Publisher:
Total Pages: 10
Release: 2019
Genre:
ISBN:

Download Advances in Analyzing and Measuring Dynamic Economic Resilience Book in PDF, Epub and Kindle

This chapter places into the broader context of an analytical framework recent research findings and policy initiatives relating to dynamic economic resilience, which is usually defined as speeding up and/or shortening the duration of recovery from disasters. Our purpose is to offer insights into the operation and implications of both of these innovations. The first pertains to research that indicates that accelerating the pace of economic recovery has much greater potential for reducing disaster losses than does compressing its duration. The second pertains to supplementing the constructing and protecting of the built environment with the resilience strategy of embedding ways of repairing and reconstructing it more quickly in the aftermath of a disaster. We first provide a context for the analysis. We next explain why the standard definition of dynamic economic resilience should be augmented to consider the entire time-path of recovery. We then explain the concept of inherent dynamic economic resilience and indicate how both innovations help clarify its definition. We conclude with an outline of our ongoing research to measure dynamic economic resilience.

A Framework for Defining and Measuring Resilience at the Community Scale

A Framework for Defining and Measuring Resilience at the Community Scale
Author: Chris S. Renschler
Publisher:
Total Pages: 91
Release: 2010
Genre: Community organization
ISBN:

Download A Framework for Defining and Measuring Resilience at the Community Scale Book in PDF, Epub and Kindle

"The objective of this research was to establish a holistic framework for defining and measuring disaster resilience for a community at various scales. Seven dimensions characterizing community functionality have been identified and are represented by the acronym PEOPLES: Population and Demographics, Environmental/Ecosystem, Organized Governmental Services, Physical Infrastructure, Lifestyles and Community Competence, Economic Development, and Social-Cultural Capital. The proposed PEOPLES Resilience Framework provides the basis for development of quantitative and qualitative models that continuously measure the functionality and resilience of communities against extreme events or disasters in any or an combination of the above-mentioned dimensions. Over the longer term, this framework will enable the development of geospatial and temporal decision-support software tools that help planners and other key decision makers and stakeholders to assess and enhance the resilience of their communities"--Page iii.