Understanding the Power of Resilience Economy

Resilience is highly used in science and arts almost every day while we might not see it linked to our existence. With resilience and resilient mindset, we would see and appreciate many things in our life and where we could optimise the influence to our socio-economy. Resilience Economy is a book that carries lots of values that are highly needed for stability of any country, society, organization and individuals’ lifetime. It is a concept that can be easily grasped and adopted by any discipline. The book covers a total review and reflections of resilience role in creating better socio-economy. Dr Buheji targeted to provide practitioners, researchers and change community leaders a roadmap to boost the practices of resilience economy and resilience engineering. This work is essential for better withstanding adverse shocks and reducing the economic costs associated with weak economic structures through the ability to absorb disturbances and bouncing back, while continuing to function. With resilient economy, the world would witness more harmony while enhancing its capacity to respond to sudden crisis. Something that is worth exploring more in today’s daunting conditions. The genuine goal of this book target to show the reader how resilience transforms and matches people’s wealth towards people’s wants. The author takes us into a journey about the potentials of resilience economy in each of the ten chapters. Chapters one and two are meant to set the base about what is resilience economy and how it impacts our socio-economy. Chapter three talks about resilience economy history and its latest development. Then we discuss about the different resilience economy enablers and types in both chapters four and five. Chapters six and seven investigate how to manage change towards resilience economy in order to achieve better transformation and how we build this change through resilience engineering. Chapter eight is linked to all the previous chapters as it focuses on when and how resilient economy would be measured. This is followed by having resilience through problem solving where complex situations of resilience would be discussed and what the best practices are in dealing with it. The last chapter ensures the reader get acquainted with best practices in sustaining resilience economy and how to create reference models. The book shows how resilience economy (RE) success depends on multi-sectoral expertise. Timing is also critical to motivating people to participate in resilience, i.e. it would probably be easier to pass during (or just after) a crisis or during efforts to maintain success. RE can be achieved gradually in phases if linked to a country's strategic development cycles that can be translated into policies and programs. This book helps to create the mindset for proper RE environment. The 90 examples and many stories distributed throughout the book targets to show how attitudes and therefore psychology of the mindset plays a role in defining better resilient socio-economies. The intention of this work is to inspire the reader to get totally engaged with resilience spirit and practices. Finally, our message in this journey is so simple: "Even though you can engineer economic prosperity without resilience, you cannot maintain and sustain prosperity without resilience-based economy."