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Build back better principles for economic recovery: Case study of the Victorian bushfires
This paper looks at developing build back better (BBB) principles for economic recovery using the 2009 Victorian bushfires in Australia as a case study. The concept behind BBB-based economic recovery is to rejuvenate the economy in disaster-affected communities along with rebuilding to create resilient sustainable communities. A review of the literature identified several principles that can be applied to economic recovery to build back better. Data were collected in 2010 and 2011 by conducting semi- structured interviews with stakeholders who were directly involved in the Victorian bushfires recovery efforts, along with reports and other documentation. The recovery in Victoria displayed the use of BBB-based initiatives for economic recovery. The successes and shortcomings contributed to the creation of a modified list of BBB principles for economic recovery, including: creating an economic strategy based on thorough data collection; providing effective funding through grants and flexible low-interest loans; establishing business advice and mentoring services; providing incentives for businesses; assisting speedy rebuilding of business buildings; providing subsidised employee training and up-skilling programmes; and promoting local businesses through advertising.
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CitationMannakkara, Sandeeka and Wilkinson, Suzanne (2013, January 1). Build back better principles for economic recovery: Case study of the Victorian bushfires. In the Journal of Business Continuity & Emergency Planning, Volume 6, Issue 2.