The Interplay Between State Resilience Index Components and GDP Outcomes During Economic Crises

The global economy is inherently dynamic, periodically facing crises that disrupt stability and growth. These crises—financial, environmental, or health-related—highlight the importance of resilience. This study explores the dynamic interplay between the State Resilience Index (SRI) components and Gross Domestic Product (GDP) outcomes during three significant economic crises: the Dot-Com Bubble (2000), the Global Financial Crisis (2007-2008), and the COVID-19 pandemic (2019-2021). By analyzing the performance of countries with varying SRI scores, we aim to understand how resilience factors contribute to economic stability and recovery. Through comprehensive statistical analyses of 100 countries, including detailed case studies of 25 nations, we find that nations with higher SRI scores not only manage downturns more effectively but also recover more swiftly, underscoring the critical role of resilience in long-term prosperity.

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Publication Details

Journal
Eximia
Published
2024-10-25
DOI
https://doi.org/10.47577/eximia.v13i1.504
Citations
1
Primary Topic
Regional resilience and development
Type
article
Field-Weighted Citation Impact
1.13
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article

The Interplay Between State Resilience Index Components and GDP Outcomes During Economic Crises

Saada Reuveni
1 citations
Eximia
Regional resilience and development
1.13
article

The Interplay Between State Resilience Index Components and GDP Outcomes During Economic Crises

Saada Reuveni
article en
1 citations

Abstract

The global economy is inherently dynamic, periodically facing crises that disrupt stability and growth. These crises—financial, environmental, or health-related—highlight the importance of resilience. This study explores the dynamic interplay between the State Resilience Index (SRI) components and Gross Domestic Product (GDP) outcomes during three significant economic crises: the Dot-Com Bubble (2000), the Global Financial Crisis (2007-2008), and the COVID-19 pandemic (2019-2021). By analyzing the performance of countries with varying SRI scores, we aim to understand how resilience factors contribute to economic stability and recovery. Through comprehensive statistical analyses of 100 countries, including detailed case studies of 25 nations, we find that nations with higher SRI scores not only manage downturns more effectively but also recover more swiftly, underscoring the critical role of resilience in long-term prosperity.

EximiaVol. 13
Poznańska Hodowla Roślin (Poland) (PL), Poznań University of Technology (PL)
Openalex Percentile: Top 11%
Regional resilience and development
1.13
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The Interplay Between State Resilience Index Components and GDP Outcomes During Economic Crises — Saada Reuveni · Eximia (2024) | TGRS Research Map | TGRS