Nusantara Journal of Behavioral and Social Science
Vol. 2 No. 4 (2023)

Building a Resilient Global Economy

Purohit, Brijesh C. (Unknown)



Article Info

Publish Date
06 Nov 2023

Abstract

In this paper we discuss the concept of economic resilience which is the ability of the economy to respond to a economic shock and recover at the fastest pace. We take into consideration the survey reports of RBI. The six surveys recently published by RBI depicts that India is becoming more resilient economy. The concept discussed only at the country level by earlier international studies although indicate India’s relative international ranking as 65. We develop a state level index by appropriate modification of the concept of economic resilience to the state level context. Thus, our state level resilience index depicts Maharashtra and Jharkhand as highest and lowest resilient States respectively. However, our state level indices are in the nascent State and future research may be more useful to further develop it for more confident application in analytical studies.

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Journal Info

Abbrev

njbss

Publisher

Subject

Humanities Education Public Health Social Sciences Other

Description

Nusantara Journal of Behavioral and Social Science (NJBSS) targets all the current and future prospective of research in the behavioral and social sciences. The journal accepts all types of articles such as research articles, case reports, reviews, commentary and short communications etc., ...