Developing public–private partnership based business continuity management for increased community resilience
Kenji Watanabe
Journal of Business Continuity & Emergency Planning, 2009, vol. 3, issue 4, 335-344
Abstract:
Within its long history of natural disasters such as floods and typhoons, Japan has experienced several large-scale earthquakes in recent years with disruptions to critical societal functions spreading over a wide area due to interdependencies within supply chains. This paper discusses the requirements for effective public– private partnership (PPP) and describes the necessity and weaknesses of existing PPPs. Existing one-way PPPs have their drawbacks, but combined with a financial incentive, PPP through intermediates can provide an effective approach to enhancing societal resilience. Balancing regulatory pressure and the market mechanism is important for the successful implementation of PPPs.
Keywords: PPP (public–private partnership); financial incentive; regulation; intermediates; preparedness finance; revenue insurance (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbcep0:y:2009:v:3:i:4:p:335-344
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