The Evolution of Social Capability and Economic Resilience: A Case Study of Yunnan Province

Abstract

Economic development may encounter unexpected shocks, such as financial crises, major epidemics and natural disasters. The ability of a country's economy to recover from such shocks determines its long-term economic development trend. This article combines the theory of economic resilience and the theory of social capabilities to construct an analysis framework of economic resilience based on social capabilities. From the two dimensions of resistance and recoverability, it establishes the conceptual framework and conceptual framework of economic resilience for 16 prefecture-level cities in Yunnan Province from 2005 to 2017. The indicator system analyzes the evolutionary stages of economic resilience in Yunnan Province, and then analyzes the countermeasures for the economic transformation of Yunnan Province based on social capabilities.