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UNPACKING THE INFLUENCE OF PUBLIC–PRIVATE PARTNERSHIPS ON DISASTER RESILIENCE: A COMPARISON OF EXPERT PERSPECTIVES
Author(s) -
BOYER Eric J.
Publication year - 2019
Publication title -
annals of public and cooperative economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.526
H-Index - 37
eISSN - 1467-8292
pISSN - 1370-4788
DOI - 10.1111/apce.12239
Subject(s) - resilience (materials science) , government (linguistics) , business , unpacking , incentive , critical infrastructure , natural disaster , investment (military) , public relations , finance , economics , political science , computer security , politics , computer science , linguistics , philosophy , physics , meteorology , law , thermodynamics , microeconomics
Public managers are under increasing pressure to develop and operate physical infrastructure systems that prove resilient in the face of natural disasters. At the same time, fiscal pressures and mounting infrastructure needs are drawing more and more attention to public–private partnerships (PPP) as a mechanism for delivering infrastructure. The research question guiding this study is how can the institutional designs of PPPs influence the potential for improving infrastructure resilience? We examined the perceived relationship between infrastructure resilience and PPPs by conducting and analyzing research interviews with twenty‐four senior infrastructure experts in Washington, DC. The results reflect findings of related privatization research, indicating that market‐based incentives can advance public values such as resilience, but the responsibility for ensuring they do so rests primarily with government. We note key differences in how the infrastructure investment experts and disaster resilience experts view issues in infrastructure management, and provide suggestions for improving public‐private collaboration to improve resilience.