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Talking about regional resilience: evidence from two formerly rural Spanish regions

ABSTRACT This research analyses the contrasting socio-economic performances of two neighbouring territories, which, while sharing similar starting points, have, for various reasons, diverged in terms of their dynamics and ultimately reached different economic resilience levels. Regional production structure, socio-economic assets, social capital endowment and leadership strength, together with institutional and governance quality are factors that may underlie their current differences. The results of the research confirm the hypothesis that these factors are indeed the key to their different resilience levels.