Economic Resilience
/ˌɛkəˈnɒmɪk rɪˈzɪliəns/
Definitions
- (n.) The ability of an economy to withstand, recover from, and adapt to shocks, disruptions, or changes affecting its structure and performance.
The city's economic resilience was evident in its rapid recovery after the financial crisis.
Forms
- economic resilience
Related terms
See also
Commentary
In legal contexts, economic resilience often informs regulatory frameworks aimed at promoting stability and recovery post-crisis, notably in financial and urban planning laws.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.