Economic Resilience in the Face of Global Crises: Lessons from History

Abstract

This scholarly article explores the concept of economic resilience and draws insights from historical instances of global crises. By analyzing key episodes such as the Great Depression, World Wars, and recent financial downturns, the study aims to uncover lessons that can inform strategies for enhancing economic resilience in the face of contemporary global challenges. Through a comprehensive review of historical data, economic policies, and adaptive measures, the article identifies factors that contribute to economic resilience and provides a framework for policymakers and businesses to navigate and withstand the impact of unforeseen crises.