Editorial- The Resilience Shift

It is All in the Partnership

Authors

DOI:

https://doi.org/10.25120/jre.1.2.2021.3869

Keywords:

Resilience Shift, transformative growth, Public-Private Partnership, Business Continuity, disasters

Abstract

Economic resilience is operative in three levels of macro (governments), meso (market mechanisms) and micro (individual agents/ businesses) (Chaiechi, 2022). Economic resilience can be achieved through either or both inherent and adaptive strategies. Inherent resilience is an ordinary ability to manage a crisis, and it is routinely provided through resource allocation. Adaptive resilience is generally the system's ability to maintain functionality after being shocked that is achievable on the basis of extra effort. Due to large degrees of interdependencies between economic sectors, adaptive resilience in one sector can be significantly affected by changes in adaptive capacities in another. Therefore, efforts to build economic resilience cannot be implemented only by governments and at the macro level.

Author Biography

Taha Chaiechi, James Cook University, Australia

Dr Taha Chaiechi is Associate Professor of Economics in the College of Business, Law and Governance where she is also Australia Director, Centre for International Trade and Business in Asia (CITBA). Currently Taha is serving James Cook University as Expert Member on the Academic Board. Previously she has contributed to the governance and the Teaching & Learning profile of the College in different capacities. She is also Associate Editor-in-Chief, Bulletin of Applied Economics (ABDC ranked). Taha is an expert in systematic modelling of dynamic relationships between economic, environmental and social variables. Her research attitude is holistic and inspired by issues in climate change and natural disasters, and their impacts on different economic sectors such as health, tourism, environment, energy, and cities. At the core of her research philosophy is sustainable development, and she uses the 2030 Agenda as a malleable guide throughout her research. Taha’s multidisciplinary research approach has resulted in numerous collaborative projects over a broad spectrum of research topics, with the intention to enhance methodological approaches that are especially suitable for sustainability analysis.   

References

Chaiechi, T. (2014a). The broken window: Fallacy or fact – A Kaleckian–Post Keynesian approach. Economic Modelling Volume 39, April 2014, Pages 195-203, https://doi.org/10.1016/j.econmod.2014.02.025 DOI: https://doi.org/10.1016/j.econmod.2014.02.025

Chaiechi, T. (2014b). The economic impact of extreme weather events through a Kaleckian–Post-Keynesian lens: A case study of the State of Queensland, Australia. Economic Analysis and Policy Volume 44, Issue 1, March 2014, Pages 95-106, https://doi.org/10.1016/j.eap.2014.01.002 DOI: https://doi.org/10.1016/j.eap.2014.01.002

Chaiechi, T., Nguyen, T. (2021). Measuring urban economic resilience of two tropical cities, using impulse response analysis. Bulletin of Applied Economics, 2021, 8(1), 59-79, https://doi.org/10.47260/bae/814 DOI: https://doi.org/10.47260/bae/814

Chaiechi, T. (2022). Foreword- Sustainable and resilient economies, theoretical considerations. In Chaiechi and Wood. Community Empowerment, Sustainable Cities, and Transformative Economies. Springer https://doi.org/10.1007/978-981-16-5260-8 DOI: https://doi.org/10.1007/978-981-16-5260-8

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Published

2021-12-30

How to Cite

Chaiechi, T. (2021). Editorial- The Resilience Shift: It is All in the Partnership. Journal of Resilient Economies (ISSN: 2653-1917), 1(2), 1–3. https://doi.org/10.25120/jre.1.2.2021.3869