BALANCING ECONOMIC DEVELOPMENT AND RESILIENCE: A POLICY PARADOX
The aim of this paper is to explore the intricate relationship between sustainable economic development and economic resilience. It highlights how measures to stimulate economic growth, such as investments in physical and human capital, innovation, entrepreneurship, and sound fiscal policies, can al...
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| Veröffentlicht in: | Journal of defense resources management 2023-10, Vol.14 (2), p.75-86 |
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| creator | Constantinescu, Maria Dumitrache, Vlad |
| description | The aim of this paper is to explore the intricate relationship between sustainable economic development and economic resilience. It highlights how measures to stimulate economic growth, such as investments in physical and human capital, innovation, entrepreneurship, and sound fiscal policies, can also bolster resilience, while recognizing the potential conflicts between short-term growth and long-term resilience goals, especially in the context of increasing debt. The paper also proposes several mitigation strategies offering a roadmap for governments to strike a balance between fostering economic expansion and ensuring readiness to face unforeseen challenges, with the flexibility to adapt to unique economic contexts. |
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| identifier | ISSN: 2068-9403 |
| ispartof | Journal of defense resources management, 2023-10, Vol.14 (2), p.75-86 |
| issn | 2068-9403 2247-6466 |
| language | eng |
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| source | DOAJ Directory of Open Access Journals; Elektronische Zeitschriftenbibliothek - Frei zugängliche E-Journals |
| subjects | Adaptation Borrowing Business Business Economy / Management Central banks Consumption economic Economic development Economic growth Economics Education Entrepreneurs Entrepreneurship Fiscal policy General Reference Works growth holistic approach Human capital Infrastructure Interest rates Job creation Macroeconomics mitigation Political aspects Resilience strategies Sustainable development |
| title | BALANCING ECONOMIC DEVELOPMENT AND RESILIENCE: A POLICY PARADOX |
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