Indicators of Economic Resilience

The Economic Resistance can be designated as empowering the national economy against the menace of stochastic changes, various risks, internal and external threats in toto. These maladies may occur in the path of progress and prosperity of any country. The economic resistance could pave the way for achieving the prospectus targets of the economy and optimal utilization of opportunities thereto. Hence, conceptually it can bear certain analogy with prevailing economic literature of Economic Resilience. In this context a social system is resilient, where it can de facto absorb the temporary or permanent risks and adjust itself with rapidly changing conjectures of the economy without exhausting its efficiency Ipso facto. In this paper, an attempt is made to expound prima facie the very term and measurement indices of Economic Resilience in the economy. These indices are per se classifies into two groups of national and regional levels. It is obvious that, more awareness regarding the concerned issues and efforts of some other countries for implementation of economic resistance in their respective socio-politico-economic setup can be helpful for more robust and meticulous evaluation of its principles and policies quid pro qua.