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Coping with AdversityRegional Economic Resilience and Public Policy$
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Harold Wolman, Howard Wial, Travis St. Clair, and Edward Hill

Print publication date: 2017

Print ISBN-13: 9780801451690

Published to Cornell Scholarship Online: September 2018

DOI: 10.7591/cornell/9780801451690.001.0001

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Chronic Distress and Regional Economic Resilience

Chronic Distress and Regional Economic Resilience

(p.52) 2 Chronic Distress and Regional Economic Resilience
Coping with Adversity

Harold Wolman

Howard Wial

Travis St. Clair

Edward Hill

Cornell University Press

Chapter two turns to a similar set of questions with regard to chronic economic distress: why do some regions face chronic economic distress while others do not, and why are some chronically-distressed regions resilient in that they are able to emerge from chronic distress? We define chronic economic distress and resilience in terms of regeneration and recovery. For the period 1978 to 2007, we provide quantitative descriptions and analyses of chronic regional economic distress and its determinants, causes, and consequences.

Keywords:   Chronic economic distress, economic resilience to stress, product cycle

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