Economic Vulnerability and Resilience: C
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Briguglio, Lino; Cordina, Gordon; Farrugia, Nadia; Vella, Stephanie
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Article
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2009
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Taylor and Francis Group
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English
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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 th