Community capitals and economic resilience: insights from the Great Lakes Region post-Great Recession
Year: 2024
Type: article
Abstract: Recessions can cause regional economic changes, disproportionately impacting specific groups. To address these challenges, strategies are vital for boosting regional economic resilience. This article integrates qualitative insights from focus groups into a quantitative description of economic resilience using the community capitals framework and a structural equation model, drawing on data from the aftermath of the Great Recession in the Great Lakes Region. Findings highlight key characteristics to bolster resilience capacity, emphasising the significance of diverse short- and long-term strategies for community preparedness. These research results can provide insights for incorporating economic resilience into the regional planning process.
Source: Regional Studies
Institutions: University of New Mexico, Purdue University West Lafayette
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
Funder: U.S. Department of Commerce
OpenAlex ID: W4399437162