By: Lykke E. Andersen*
Even the most affluent and powerful people in the World are exposed to the risk of adverse shocks and stresses: Christopher Reeve (Superman) became a quadriplegic after a riding accident; Nelson Mandela was imprisoned for 27 years; Mel Gibson had to pay more than $400 million in his divorce settlement; Steve Jobs got fired from his own company; and Donald trump has declared bankruptcy four times.
We are all at risk of adversity, or even calamity, and the list of threats is endless: Natural disasters, illness, accidents, unemployment, price fluctuations, conflict, vandalism, fire, robbery, pest attacks, technological change, pollution, climate change, etc. Most of these threats are almost entirely outside our control and it is important that we build up resilience against them so that we will be able to overcome the challenges that we are bound to encounter.
Some people and households are more resilient than others, however. They bounce back even after severe adversity. Nelson Mandela, for example, became one of the most famous and respected presidents in the World and was awarded the Nobel Peace Prize after spending 27 years in prison; Christopher Reeve claimed that the accident, which left him paralyzed from the neck down, helped him appreciate life more and considered himself a very lucky man less paralyzed than many able-bodied men; and Donald Trump evidently rebuilt his fortune between bankruptcies.
While resilience is an integral part of the human psychology, it would be useful if we could measure and compare resilience in a more general way. This is what a new research paper and Policy Brief from INESAD proposes.