Trade Finance Advice


Psychological resilience is defined as an individual’s ability to properly adapt to stress and adversity. Stress and adversity can come in the shape of family or relationship problems, health problems, or workplace and financial stressors, among others. Individuals demonstrate resilience when they can face difficult experiences and rise above them with ease. Resilience is not a rare ability; in reality, it is found in the average individual and it can be learned and developed by virtually anyone. Resilience should be considered a process, rather than a trait to be had. There is a common misconception that people who are resilient experience no negative emotions or thoughts and display optimism in all situations. Contrary to this misconception, the reality remains that resiliency is demonstrated within individuals who can effectively and relatively easily navigate their way around crises and utilize effective methods of coping. In other words, people who demonstrate resilience are people with positive emotionality; they are keen to effectively balance negative emotions with positive ones. Resilience is composed of particular factors attributed to an individual. There are numerous factors, which cumulatively contribute to a person’s resilience. The primary factor in resilience is having positive relationships inside or outside one’s family. It is the single most critical means of handling both ordinary and extraordinary levels of stress. These positive relationships include traits such as mutual, reciprocal support and caring. Such relationships aid in bolstering a person’s resilience. Studies show that there are several other factors which develop and sustain a person’s resilience: The ability to make realistic plans and being capable of taking the steps necessary to follow through with them A positive self-concept and confidence in one’s strengths and abilities Communication and problem-solving skills The ability to manage strong impulses and feelings These factors are not necessarily inherited; they can be developed in any individual and they promote resiliency. Recently there has also been evidence that resilience can indicate a capacity to resist a sharp decline in other harm even though a person temporarily appears to get worse. There is also controversy about the indicators of good psychological and social development when resilience is studied across different cultures and contexts. The American Psychological Association’s Task Force on Resilience and Strength in Black Children and Adolescents, for example, notes that there may be special skills that these young people and families have that help them cope, including the ability to resist racial prejudice. Researchers of indigenous health have shown the impact of culture, history, community values, and geographical settings on resilience in indigenous communities. People who cope may also show “hidden resilience” when they don’t conform with society’s expectations for how someone is supposed to behave (in some contexts, aggression may be required to cope, or less emotional engagement may be protective in situations of abuse). In all these instances, resilience is best understood as a process. It is often mistakenly assumed to be a trait of the individual, an idea more typically referred to as “resiliency”. Most research now shows that resilience is the result of individuals being able to interact with their environments and the processes that either promote well-being or protect them against the overwhelming influence of risk factors. These processes can be individual coping strategies, or may be helped along by good families, schools, communities, and social policies that make resilience more likely to occur. In this sense “resilience” occurs when there are cumulative “protective factors”. These factors are likely to play a more and more important role the greater the individual’s exposure to cumulative “risk factors”. The phrase “risk and resilience” in this area of study is quite common. Commonly used terms, which are closely related within psychology, are “psychological resilience”, “emotional resilience”, “hardiness”, “resourcefulness”, and “mental toughness”. The earlier focus on individual capacity which Anthony described as the “invulnerable child” has evolved into a more multilevel ecological perspective that builds on theory developed by Uri Bronfenbrenner (1979), and more recently discussed in the work of Michael Ungar (2004, 2008), Ann Masten (2001), and Michael Rutter (1987, 2008). The focus in research has shifted from “protective factors” toward protective “processes”; trying to understand how different factors are involved in both promoting well-being and protecting against risk. A related concept to psychological resilience is family resilience.

Leave a Reply

Your email address will not be published. Required fields are marked *