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The concept of "the crisis after the crisis" recently introduced in the academic debate refers to the fact that, since the outbreak of the health crisis generated by SARS-CoV-2, the pandemic has had a major impact on all economic, social, political and cultural activities of the daily life,...
Persistent link: https://www.econbiz.de/10014461998
Purpose - This paper focuses on the resilience of small entrepreneurship in the tourism sector of the Republic of … performance of small and medium-sized enterprises to investigate the resilience of Croatian tourism and small entrepreneurship … European Union. The study provides evidence that small entrepreneurship is more resilient to disasters caused by health crises …
Persistent link: https://www.econbiz.de/10014465784
The paper analyzes how the influence of labour unions over wage contracts may make an economy less "resilient". Loss of resilience is depicted in two conceptually independent ways: (i) the tendency of exogenous variations in unemployment to become perpetuated and (ii) the possibility that such...
Persistent link: https://www.econbiz.de/10005281348
In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of economic openness, while economic resilience is defined as the policy-induced ability of an economy to withstand or recover from the effects of such shocks. The paper briefly...
Persistent link: https://www.econbiz.de/10005059931
Social safety nets protect citizens against hardship. By offering compensation, social safety nets may help overcome the political resistance to trade liberalisation and structural reform, but they can also weaken the incentives to work and save. Depending on their design, safety nets may also...
Persistent link: https://www.econbiz.de/10005046192
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In this paper, we examine the macro-to-micro-transition of cluster externalities to firms and how it is affected by the macroeconomic instability caused by the recessionary shock of 2008/2009. Using data from 16,166 manufacturing and business services firms nested in 390 German regions, we...
Persistent link: https://www.econbiz.de/10011985889