{"title":"Risk Management and Strategies to Alleviate Risks of Public–Private Partnership (PPP) in Conflict-torn Palestine","authors":"Kawther Mousa, Zenglian Zhang, Mohamed Abdelkhalek Omar Ahmed, Diana R. Anbar, Waleed Hemdan","doi":"10.1007/s13132-024-02103-8","DOIUrl":null,"url":null,"abstract":"<p>There are not many publications that discuss the difficulties of PPPs (public–private partnerships) in war-torn areas. As a result, the main causes of the unsuccessful PPPs in war-torn areas such as Palestine, especially the Gaza Strip, are the lack of enough evidence to provide feasible and effective methods to mitigate the issues. The success of PPPs may be hampered by stakeholder insecurity about making financial and non-financial investments in conflict zones compared to non-conflict zones. The goal of this study is to identify the most effective methods for easing the difficulties that PPP construction projects encounter and to highlight the practical applications of those methods. Thirty-six specialists were questioned to provide solutions to 21 problems and suggest the time frames for carrying them out. The relevance of each risk and the viability and effectiveness of its remedies were the three outcomes that were used to rank the application potentials of the suggested strategies. Physical insecurity brought on by Israel–Palestine wars is the most unfavorable risk, but the most important solutions were correlated with the absence of government support for PPP development projects. While the issues raised are common in locations affected by armed conflict, the Gaza Strip is highlighted in this study due to its particular circumstances. The solutions outlined can be used by practitioners to get around PPP risks in other war areas. Additionally, the results can enhance the risk distribution in this building project and add to the body of PPP literature.</p>","PeriodicalId":47435,"journal":{"name":"Journal of the Knowledge Economy","volume":"4 1","pages":""},"PeriodicalIF":4.0000,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of the Knowledge Economy","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s13132-024-02103-8","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
There are not many publications that discuss the difficulties of PPPs (public–private partnerships) in war-torn areas. As a result, the main causes of the unsuccessful PPPs in war-torn areas such as Palestine, especially the Gaza Strip, are the lack of enough evidence to provide feasible and effective methods to mitigate the issues. The success of PPPs may be hampered by stakeholder insecurity about making financial and non-financial investments in conflict zones compared to non-conflict zones. The goal of this study is to identify the most effective methods for easing the difficulties that PPP construction projects encounter and to highlight the practical applications of those methods. Thirty-six specialists were questioned to provide solutions to 21 problems and suggest the time frames for carrying them out. The relevance of each risk and the viability and effectiveness of its remedies were the three outcomes that were used to rank the application potentials of the suggested strategies. Physical insecurity brought on by Israel–Palestine wars is the most unfavorable risk, but the most important solutions were correlated with the absence of government support for PPP development projects. While the issues raised are common in locations affected by armed conflict, the Gaza Strip is highlighted in this study due to its particular circumstances. The solutions outlined can be used by practitioners to get around PPP risks in other war areas. Additionally, the results can enhance the risk distribution in this building project and add to the body of PPP literature.
期刊介绍:
In the context of rapid globalization and technological capacity, the world’s economies today are driven increasingly by knowledge—the expertise, skills, experience, education, understanding, awareness, perception, and other qualities required to communicate, interpret, and analyze information. New wealth is created by the application of knowledge to improve productivity—and to create new products, services, systems, and process (i.e., to innovate). The Journal of the Knowledge Economy focuses on the dynamics of the knowledge-based economy, with an emphasis on the role of knowledge creation, diffusion, and application across three economic levels: (1) the systemic ''meta'' or ''macro''-level, (2) the organizational ''meso''-level, and (3) the individual ''micro''-level. The journal incorporates insights from the fields of economics, management, law, sociology, anthropology, psychology, and political science to shed new light on the evolving role of knowledge, with a particular emphasis on how innovation can be leveraged to provide solutions to complex problems and issues, including global crises in environmental sustainability, education, and economic development. Articles emphasize empirical studies, underscoring a comparative approach, and, to a lesser extent, case studies and theoretical articles. The journal balances practice/application and theory/concepts.