Economic Resilience

Why Economic Resilience?

Markets That Work for Everyone

Economic Systems May Experience Shocks and Stressors

  • Financial crisis from price fluctuations or market disruptions, for example from new regulations or sanctions

  • Events outside of the financial system - such as conflict and climate-related disaster - can cause a range of shocks challenging market functions and the loss of economic resources
  • Economic stressors ranging from widespread poverty, the threat of conflict, to reliance on natural resources and foreign aid, undermine the resilience of the economies and can also increase the exposure to certain shocks

Economic resilience refers to the ability of people to mitigate, adapt to and recover from shocks that affect their livelihoods, and transformative capacities that ensure financial inclusion, access to credit and insurance that allow households to diversify their income strategies.   

Youth farmer

Youth Engagement in Agricultural Value Chains Across Feed the Future

Despite emphasis on rural youth and their interests and needs when it comes to agricultural value chains, there is little information on what specific agriculture value chain activities have the capacity to absorb youth and transform their futures.

Financial Inclusion

Financial Inclusion

Interventions that increase access to financial tools like insurance, credit, and digital payment systems help strengthen resilience for poor individuals.

Livelihood Diversification

Livelihood Diversification

Livelihood diversification can improve resilience if efforts to increase income streams and assets diversify potential risks.

Access to Markets

Access to Markets

Access to functioning, resilient markets strengthens household resilience by increasing asset accumulation and livelihood diversification.

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