EU Science Hub

Resilience reports

What does a resilient country look like?

  • The JRC has developed a conceptual framework for understanding resilience, which broadens the perspective from a purely economic to a socio-economic viewpoint.
  • Bringing this framework to the data allowed to identify the key characteristics of resilient countries to economic and financial shocks.
  • Focussing on the global financial crisis, countries with a higher share of pre-crisis government expenditures on social protection, like Germany, Austria, France and Sweden, suffered a smaller impact in the short term.
  • Countries showing a more resilient behaviour in the medium run are those with more stable political environment.
  • The business environment is critical to successfully overcome a crisis and ‘bounce forward’.

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