ABSTRACT
China began to implement marine economic development pilot policies from 2011 in order to promote land and marine development in a coordinated way, transform and optimize marine industrial layout, formulate and improve the policy and institutional construction of ocean development, promote marine economic power strategy, and improve the level of regional economic resilience in coastal area. Tourism industry is an important part of regional economy of coastal areas. Taking the marine economic development pilot policies as a quasi-natural experiment and based on the panel data of cities in coastal areas of China from 2007 to 2020, a multi-period difference-in-differences (DID) model was used to assess the impact of these pilot policies on regional economic resilience and tourism economic resilience. The results show that the implementation of marine economic development pilot policies can significantly promote regional economic resilience and tourism economic resilience. COVID-19, as a moderating variable, has significantly weakened the effect of marine economic development pilot policies on regional economic resilience. In terms of regional heterogeneity, the establishment of marine economic development pilots has a more significant policy effect on regional economic resilience in the central and southern coastal areas, while the policy effect on tourism economic resilience is more significant in the eastern coastal areas. In view of these findings, it is of great significance for cities to prevent systemic risks and improve regional economic resilience, by means of reasonably expanding marine economic development pilots and planning coastal regional economic systems according to local conditions. © 2023, Editorial office of PROGRESS IN GEOGRAPHY. All rights reserved.
ABSTRACT
At the beginning of 2020, the world was left in an unprecedented state of shock by the COVID-19 pandemic. Brazil quickly became the epicenter of new cases of contamination, where the propagation of the virus was unrestrained, despite boasting one of the strongest Universal health coverage systems in Latin America. This paper has at least three empirical contributions to the literature about economic resilience and the COVID-19 pandemic. Firstly it is a critical issue regarding the "economics versus life" trade-off, which is an essential question for developing countries, given that policymakers must decide between policies to reduce the number of COVID-19 infections without damaging the economy. Secondly, our findings suggest that the early adoption of isolation measures applied in 2020, such as the financial aid and the vaccination have been effective in controlling the effects of the pandemic, especially in vulnerable microregions. Furthermore, it was verified that the Emergency financial aid was a fundamental policy in minimizing the economic impacts of the pandemic and allowing people to practice social distancing, contributing positively to the Employment Resilience Index and negatively related to the growth rate of deaths due to COVID-19. The contribution of our study is to measure an inverted U-shaped curve to demonstrate that policymakers must achieve a minimum of families to decrease the COVID-19 deaths. These contributions are essential and straightforward findings to lead policymakers' decisions in developing countries facing financial constraints in the public budget and population reticence about physical distancing, self-quarantine and vaccination.
ABSTRACT
Through a case study of Kunshan, China, this paper shows how a local state utilised place-based leadership to enhance regional economic resilience under the COVID-19 pandemic crisis. It unpacks how Kunshan effectively mitigated early economic disturbances induced by the COVID-19 pandemic, by two ways of leadership actions, namely, enacting jurisdictional power (that is formal leadership), and mobilising wide official and interpersonal networks (that is network leadership). Four specific local-state-led adaptive resilience processes or strategies are identified: stabilising labour supply, mitigating supply-chain disruptions, alleviating financial strains and reconfiguring market orientations. Through these proactive endeavours, the local state played an enabling role in aligning diverse stakeholders and resources across places, scales and sectors, thereby allaying economic shocks and enhancing regional economic resilience. This study contributes to the resilience literature by developing an agency-centric perspective to understanding regional economic resilience during the COVID-19 pandemic.
ABSTRACT
The novel coronavirus disease 2019 (COVID-19), which spread all over the world at the beginning of 2020, exerted significant impacts on the substantial economic and social development in China, seriously affecting the production and operation of Chinese small and medium-sized enterprises (SMEs). As the COVID-19 pandemic was effectively controlled by the central government, China's economy manifested strong economic resilience during the process of recovery. Under these circumstances, it provided a valuable opportunity to examine the dynamic evolution and mechanism of economic resilience over a relatively short period. In economic geography research, structure and agency are the two main influencing factors for regional economic resilience;specifically, structural factors refer to the economic diversity and inherited structure of a regional economy in building resilience capacities, while agency factors focus on the role of agentsin a resilient economic system. However, the existing literature has focused heavily on structural factors, but the effect of agency factors has gained less attention. Based on interviews with 43 manufacturing SMEs in Dongguan in 2020, this study 1) investigates the dynamic evolution and characteristics of short-term economic resilience from an agency perspective and 2) demonstrates the micro-mechanism of reconstructing economic resilience at the enterprise level by constructing a structure-agency framework. The study derives several findings. First, economic resilience is not an inherent attribute of an economic agent. In the short term, the formation of economic resilience can be divided into a three stage process from cognition to adaptation, and then to reconstruction. Each stage manifests different agency characteristics. Second, the reconstruction of economic resilience is strongly influenced by the individual (entrepreneurs) and collective agency (supplies and customers) in the COVID-19 shock. For individual agencies, manufacturing SMEs are sensitive to perceiving and seizing the "opportunity space, " which is technologically related to their primary products. For collective agency, many entrepreneurs actively offer financial support to their upper and lower reach enterprises to enhance economic resilience by forming collective networks. Third, structural factors (i. e., industrial structure, institutional arrangement, and infrastructure construction) also influence the formation of economic resilience in a short period. In the case of Dongguan, industrial structure and institutional arrangements contributed to enterprises' return to normal production during the COVID-19 crisis, while the imbalance of infrastructure structures (including basic social and public services) plays a constrained role in economic resilience. Moreover, three theoretical implications are proposed: emphasizing the transformation between short-term adaptation and long-term adaptability, concerning the shaping of structural factors caused by agency, and paying attention to the coupling between agents and external connections. © 2022 Chinese Medical Journals Publishing House Co.Ltd. All rights reserved.
ABSTRACT
The notion of resilience has been increasingly adopted in economic geography, concerning how regions resist and recover from all kinds of shocks. Most of the literature on the resilience of coastal areas focuses on biophysical stressors, such as climate change and some environmental factors. In this research, we analyze the regional economic resilience characteristics responding to the Great Financial Crisis in 2008 and its main determinants. We conclude that the coastal areas encountered more recession (or less growth) in the long term, and the secondary industry showed higher resilience than the tertiary industry. The influential factors of regional economic resilience varied across different stages of the crisis, and for the long term, good financial arrangement and governance ability could prompt the regional resilience to the crisis. Finally, some policy implications are proposed which may benefit dealings with major shocks such as economic crises and COVID-19.
Subject(s)
COVID-19 , Economic Recession , COVID-19/epidemiology , China , Delivery of Health Care , Humans , IndustryABSTRACT
This paper contributes to the study of regional economic resilience by analyzing the dynamic characteristics and influence mechanisms of resilience from the perspective of spatial heterogeneity. This paper focuses on the resistance and recoverability dimensions of resilience and analyzed the dynamic changes in economic resilience in China's Yellow River Basin in response to the 2008 economic crisis. The multi-scale geographical weighted regression model was utilized to examine the effect of key factors on regional economic resilience. Our findings show the following: (1) The resistance of the Yellow River Basin to the financial crisis was high; however, the recoverability decreased significantly over time. (2) The spatial heterogeneity of driving factors was significant, and they had different effect scales on economic resilience. Related variety, government agency, environment, and opening to the global economy had a significant effect on economic resilience only in a specific small range. Specialization, unrelated variety, and location had opposite effects in different regions of the Yellow River Basin. (3) Specialization limited the area's resistance to shock but enhanced the recoverability. Related variety improved regional economic resilience. Unrelated variety was not conducive to regional resistance to shock and had opposite effects on the recoverability in different regions. (4) Government agency and financial market promoted regional economic resilience. Environment pollution and resource-based economic structure limited regional economic resilience. Opening to the global economy and urban hierarchy limited regional resistance to shock, but strong economic development had the opposite effect of improved regional resistance. The location in the east of the Yellow River Basin enhanced the recoverability; however, the location in the west limited the recoverability.
Subject(s)
Economic Recession , Rivers , China , Economic Development , Rivers/chemistryABSTRACT
This paper contributes to the study of regional economic resilience by analyzing the characteristics and mechanisms of resilience under different shock situations. The paper focuses on the resistance dimension of resilience and analyzes the mechanisms of influence from structural and agency-based factors. Our findings reflect that the regional economic resilience characteristics of resource-based cities in China in response to the 2008 financial crisis and the COVID-19 pandemic vary significantly. We find that the economic resilience has positive spatial autocorrelation characteristics. The regions with strong ability to deal with the shocks can promote resistance in the surrounding regions through their spatial spillover effect. Both structural and agency-based factors play significant roles in regional economic resilience under different shock situations, but the direction of the effect varies significantly. The agency-based factors have a more important role in regional economic resilience. The findings suggest that the nature of different shock situations deserves greater attention in the analysis of regional economic resilience. The mechanisms of structural and agency-based factors may change under different shock situations, and the spatial correlation characteristics of regional economic resilience and the spatial spillover effects should be taken into consideration.
ABSTRACT
This paper examines how the economies of old industrial cities in Northeast China respond to the on-going COVID-19 pandemic crisis. The notion of resistance in regional economic resilience is used to explore what impact factors shape the response to the early stage of the crisis. The analysis reveals significant differences in terms of regional economic impact between COVID-19 and the 2008 financial crisis. We find that large cities are more vulnerable and exposed to the pandemic at its early stage, state agency plays a crucial role in shaping the economic resistance in most cities. Going beyond the existing 2008 financial crisis-induced account on regional economic resilience, this paper argues that regional resistance amid COVID-19 is not merely shaped by economic structural factors but also influenced by state agency in terms of economic restriction and restoration measures. The study suggests that the nature of COVID-19 as a particular context of crisis itself needs to be taken seriously when exploring the determinants and outcomes of regional economic resilience.