Briguglio, Lino; Cordina, Gordon; Farrugia, Nadia; … - 2008
In this paper, economic vulnerability is defined as the exposure of an economy to exogenous shocks, arising out of … economic openness, while economic resilience is defined as the policy-induced ability of an economy to withstand or recover … from the effects of such shocks. The paper briefly reviews the work already carried out on economic vulnerability and …