Deepening experiences of the flow of wealth: the importance of resilience
2008-2010
A step change in the local wealth building journey emerged, when we became interested in the concept of economic resilience, and the interconnected relationships between public, social and commercial economies. Through funding from the Norfolk Trust and joined with colleagues from central government and local politics we embarked on a global study of local economic resilience. This gave us a ground breaking insight into the factors that make some places more economically resilient. Central to this was the idea that economic resilience was greater when wealth was locally harnessed.
Example: Towards a new wave of local economic activism: the future for economic development strategies
We also devised a model for measuring wealth and resilience which was and is still used in a number of locations across the UK, Europe, and Australasia.
Example: Productive local economies: creating resilient places
Example: Global Fellowship on resilience