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  • © 2017

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

Authors:

  • Provides a rigorous definition of economic resilience to disasters
  • Studies development and application of an operational metric of resilience
  • Serves as a guide to the development of a resilience index based on actionable variables

Part of the book series: Integrated Disaster Risk Management (IDRM)

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Table of contents (10 chapters)

  1. Front Matter

    Pages i-xli
  2. Introduction

    • Adam Rose
    Pages 1-5
  3. Economic Framework

    • Adam Rose
    Pages 7-17
  4. Economic Resilience

    • Adam Rose
    Pages 29-39
  5. Measuring Economic Resilience

    • Adam Rose
    Pages 49-58
  6. Empirical Analysis

    • Adam Rose
    Pages 59-68
  7. Risk Management

    • Adam Rose
    Pages 69-73
  8. Co-benefits

    • Adam Rose
    Pages 75-87
  9. Conclusion

    • Adam Rose
    Pages 89-91

About this book

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 relationshipbetween 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.



Authors and Affiliations

  • CREATE, University of Southern California, Los Angeles, USA

    Adam Rose

About the author

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 

Bibliographic Information

  • Book Title: Defining and Measuring Economic Resilience from a Societal, Environmental and Security Perspective

  • Authors: Adam Rose

  • Series Title: Integrated Disaster Risk Management

  • DOI: https://doi.org/10.1007/978-981-10-1533-5

  • Publisher: Springer Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2017

  • Hardcover ISBN: 978-981-10-1532-8Published: 10 April 2017

  • Softcover ISBN: 978-981-10-9378-4Published: 09 May 2018

  • eBook ISBN: 978-981-10-1533-5Published: 03 April 2017

  • Series ISSN: 2509-7091

  • Series E-ISSN: 2509-7105

  • Edition Number: 1

  • Number of Pages: XLI, 91

  • Number of Illustrations: 1 b/w illustrations, 4 illustrations in colour

  • Topics: Environmental Economics, Risk Management, Natural Hazards, Sustainability Management

Buy it now

Buying options

eBook USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 99.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 99.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access