Economic Analysis of Resilience: A Framework for Local Policy Response Based on New Case Studies

 

Figure 1; Regibeau and Rockett, 2011

Economic Analysis of Resilience: A Framework for Local Policy Response Based on New Case Studies

Pierre Régibeau and Katharine Rockett 

The full text is available for download using the link below / right.

Abstract: A recent set of case studies on resilience of ecocultures forms the basis for our review of and comment on the resilience literature.  We note the diversity of definitions of resilience and the confusion this creates in implementing resilience studies and develop a synthesis view that establishes a framework for defining resilience in an implementable way.  This framework emphasises the importance of defining the source of and magnitude of shocks as part of the definition.  Next, we outline measurement issues, including a variety of performance measures that can be used to gauge resilience.  We argue that self-determination and local ownership of resources is supported in the cases, and review the effectiveness of the informal insurance arrangements observed in the cases. We close with the variables suggested by the case studies to include in a resilience index and lessons for regional governments developing resilience policy.

About the authors: Pierre Régibeau is Visiting Professor at the Innovation & Entrepreneurship Group at Imperial College, London, and Academic Associate at Charles River Associates. Katharine Rockett is senior lecturer at the Department of Economics and was Dean (Social Sciences) between 2010 and 2011.



Download Régibeau-and-Rockett-2012-2.pdf

Upsetting the Offset: The Political Economy of Carbon Markets

Upsetting the Offset. 2010. Edited by Steffen Böhm and Siddhartha Dabhi. Mayfly Books.

Upsetting the Offset engages critically with the political economy of carbon markets. It presents a range of case studies and critiques from around the world, showing how the scam of carbon markets affects the lives of communities. But the book doesn’t stop there. It also presents a number of alternatives to carbon markets which enable communities to live in real low-carbon futures.

Endorsement for Upsetting the Offset: 

  • “If you wondered whether capitalism could ever produce the perfect weapon of its own destruction, try this heady mix of carbon fuels, the trade in financial derivatives, and more than a dash of neo-colonialism, and boom! But this book is far from resigned to that fate. After examining the case against carbon trading… the book turns to alternatives, to hope, to sanity, and to the future.’ Professor Stefano Harney, Queen Mary, University of London 
  • “Anyone concerned about the future of the planet (is anyone not?) should read this book. The contributors give powerful evidence and argument to show that the carbon trading regimes favoured by the world’s elites will not work – and are, indeed, set to make things worse. But the message is not negative. There are alternatives, both effective and desirable.” Professor Ted Benton, University of Essex 
See more on the book on the publishers’ website.