The Centennial Resilience Index: Measuring Countries’ Resilience to Shock

Boorman, Jack; Fajgenbaum, Jose; Ferhani, Hervé; Bhaskaran, Manu; Arnold, Drew; Kohli, Harpaul Alberto

doi:10.1177/0974910113494539

Cited by 11 publications

(3 citation statements)

References 3 publications

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“…For instance, in financial-economic crises (e.g., the studies of Doran [11]), the COVID-19 pandemic [12][13][14], wars, and other deviations. In addition, empirical/thematic studies of the resilience of individual spatial and social systems from the point of view of certain aspects of their life activities are also common in the scientific literature (e.g., the studies of Walker [15], Boorman and Fajgenbaum [16], Rizzi and Graziano [17]).…”

Section: Literature Reviewmentioning

confidence: 99%

The Sustainable Development and Resilience of Socio-Economic System: Conceptualization and Diagnostics of Problems in Conditions of Global Challenges and Shocks

Melnyk¹,

Ivaniuk²,

Leshchukh³

et al. 2023

IJSDP

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Today, the issue of ensuring the sustainable development of socio-economic systems is more relevant than ever. The study used an interdisciplinary approach. Based on this approach, it is proposed to interpret the stability and sustainable development of the socio-economic system in the context of global instability as its ability to recover and reorient itself after the impact of external global shocks and challenges due to adaptive internal drivers. The practical implementation of the author's methodological approach to assessing the sustainability and sustainable development of the socio-economic system on the basis of a retrospective section reveals that the most negative impact of the global financial and economic crisis and hostilities was in the context of actual GDP per capita. decline over the past 15 years. The article highlights the main factors for reducing the stability and sustainable development of the socioeconomic system in the context of the shock of the COVID-19 pandemic. The study has its limitations, as it was carried out to a greater extent in the context of the realities and indicators of Ukraine. Similar analyzes are planned for other countries in the future.

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Section: Literature Reviewmentioning

confidence: 99%

The Sustainable Development and Resilience of Socio-Economic System: Conceptualization and Diagnostics of Problems in Conditions of Global Challenges and Shocks

Melnyk¹,

Ivaniuk²,

Leshchukh³

et al. 2023

IJSDP

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“…The reasons for such resilience are, however, very different across the continent. Table A1 shows the values of the Centennial Group Resilience Index and its constituent sub-indices for 31 African countries for which data are available (Boorman et al, 2013).…”

Section: Annexurementioning

confidence: 99%

Africa 2050

Ahlers¹,

Kohli²,

Sood³

2013

Global Journal of Emerging Market Economies

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This article offers a vision of what Africa could be in 2050. In such a scenario, average per capita income would increase six-fold, an additional 1.4 billion Africans would join the middleclass, the number of poor would shrink to fewer than 50 million, and Africa's share of global gross domestic product (GDP) would triple. For people, the biggest change would be better, less vulnerable jobs with higher productivity; for economies, dramatic productivity increases driven by private sector investment, diversification, and more competition; and for the continent, better integrated sub-regions and relations with the world based on trade and investment rather than aid. In the face of a multi-polar global economy, aging and population growth, increased competition for natural resources, rapid innovation, climate change, urbanization, and natural resource wealth, Africa needs to manage the risk of fragility and conflict, inequality, and the middle-income trap to achieve such a vision.

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“…The application of this analytical framework has proven important in looking at the capacity of households to withstand and adapt to certain shocks, which include economic disruptions (Feng et al, 2023;Holling, 1973;Proag, 2014;Skondras et al, 2020;Spaans and Waterhout, 2017). Accurate measurement of resilience stands to assist policymakers in gauging the e cacy of governmental programs (Boorman et al, 2013;Coaffee et al, 2018;Kontokosta and Malik, 2018), as well as in identifying the precision of their targeting strategies (Garbero and Letta, 2022). Moreover, it facilitates the design of government initiatives that prioritize the alleviation of economic shocks for socioeconomically marginalized segments, particularly within developing nations (Jones et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

Economic resilience and childhood growth: the construction of a household economic resilience index in Indonesia

Meliasari,

Sahadewo

2024

Preprint

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In the face of rising economic uncertainty, household economic resilience is a pivotal concern, particularly in developing countries. Concurrently, child stunting and cognitive impairment stand as critical developmental challenges, significantly impacting the prospects of low socioeconomic status households. This study seeks to establish a comprehensive and valid measure of household economic resilience, employing multidimensional household characteristics for index construction. Leveraging data from the 2014 Indonesian Family Life Survey (IFLS), the study forms a latent variable for household economic resilience through factor analysis. This variable encompasses indicators of economic welfare, living conditions, social protection, and financial literacy, each of which is itself a latent variable assembled from multiple constituent variables. Furthermore, we investigated the influence of household resilience on child growth, utilizing rainfall as an instrumental variable (IV). The results indicate a noteworthy decrease in stunting likelihood with an increase in the resilience index. Nevertheless, although positive, the effects on HAZ, WAZ, and WHZ did not yield statistical significance. Notably, an elevation in children’s total cognitive z-score and math cognitive z-score was observed, while encounters with economic shocks in the past five years did not yield significant results. The resilience index stands poised to aid policymakers in targeting vulnerable groups, and channeling resources, and social protection programs to those most in need.

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The Centennial Resilience Index: Measuring Countries’ Resilience to Shock

Cited by 11 publications

References 3 publications

The Sustainable Development and Resilience of Socio-Economic System: Conceptualization and Diagnostics of Problems in Conditions of Global Challenges and Shocks

The Sustainable Development and Resilience of Socio-Economic System: Conceptualization and Diagnostics of Problems in Conditions of Global Challenges and Shocks

Africa 2050

Economic resilience and childhood growth: the construction of a household economic resilience index in Indonesia

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