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

ISBN-13: 9789811015328 / Angielski / Twarda / 2017 / 91 str.

Adam Rose

Opis

This volume presents an economic framework for the analysis of resilience in relation to societal, environmental, and personal security perspectives.

Spis treści

I.     Introduction

II.    Human development and resilience

III.   Economic framework

 A.  Basic principles

 B.  Non-market effects

 C.  Distributional considerations

IV.   Defining resilience across disciplines

 A.  Ecological origins

 B.  Individual resilience

 C.  Community resilience

 D. Engineering

 E. Organizational behavior

 F. Planning

V.    Economic resilience

 A.  Basic concepts

 B.  Microeconomic resilience

 C.  Meso and macro resilience

VI.   Broader dimensions of economic resilience 

 A.  Commonalities with other disciplines

 B.  Multiple dimensions

VII.  Related concepts

 A.  Vulnerability and resilience

 B.  Sustainability and resilience

 C.  Adaptation and resilience

VIII. Measuring economic resilience

 A.  Temporal aspects and resilience metrics

 B.  Spatial dimensions and business

 C.  Spatial dimensions and people

 D. Scale

IX.   Empirical analysis

 A.  Findings

 B.  Resilience indicators

X.    Risk management

 A.  Cost-effectiveness

 B.  Cost-benefit analysis of resilience

XI.   Co-benefits

 A.  Integration into business culture and sustainability planning

 B.  Shortfalls in private sector investment in DRM

 C.  Co-benefits of public sector investment

 D. Resilience dividend as a sustainable development theme

XII. Conclusion

O autorze

Adam Rose, Research Professor, Price School of Public Policy, and Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California, Los Angeles, California 

Blurb

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.