What are the key metrics for measuring economic resilience?
An example of an AI chatbot conversation about economic resilience metrics.
What are the key metrics for measuring economic resilience?
Key metrics for economic resilience include GDP growth rate, unemployment rate, and the diversity of the economy.
How do these metrics help in assessing resilience?
They provide insights into how well an economy can withstand shocks and recover from downturns.
Can you give examples of countries with high economic resilience?
Countries like Germany and Canada are often cited for their strong economic resilience due to diverse economies and robust social safety nets.
What role does government policy play in enhancing economic resilience?
Government policies can strengthen resilience by promoting innovation, investing in infrastructure, and ensuring social welfare.
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