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Interdisciplinary Studies

ECONOMIC RESILIENCE UNDER CLIMATE STRESS: A CROSS-COUNTRY ANALYSIS OF ADAPTATION INVESTMENT AND SOCIAL VULNERABILITY IN EUROPE

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Abstract

The economic consequences of climate change are increasingly uneven across regions, reflecting differences in adaptive capacity and social vulnerability. This study examines the relationship between climate adaptation investment and economic resilience across selected European countries. Integrating climate science, economics, and social policy, the paper develops an analytical model linking adaptation expenditure, institutional quality, and socio-economic outcomes. Using a constructed cross-country dataset representing 15 European economies, the study employs regression-based analysis to evaluate the impact of adaptation investments on economic stability indicators. The findings indicate that while higher adaptation spending is positively associated with resilience, its effectiveness is significantly moderated by governance quality and social inequality. The study contributes to interdisciplinary research by demonstrating that climate adaptation is not purely a technical process but a socio-economic transformation shaped by institutional and distributive dynamics.

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References

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