Policies to deal with natural disasters in view of a social business partnership model

Abstract

This paper encompasses and systematically analyses available literatures on disaster resiliency, and poverty alleviation issues and proposes a Social Business Partnership Model based on the concept of social creativity, social capital and principles of reciprocity of social exchange theory. Disaster or emergency management research holds a transparent gap in addressing emerging “social business” issue, which is immensely important for both the poverty-stricken developing countries and wealthy nations. Although much have been said about disaster resiliency and further international aid efforts could somewhat have healed the immediate effects of natural disasters, but such efforts tantamount to temporary resilience – not a permanent one due to pressing concerns of poverty. Proposed social business partnership model will benefit richer countries to enhance their wealth by effectively contributing to economies and sustainable activities of developing countries, instead of their one-way attachment with disaster aid operations. At the same time, vast population of poverty-shattered developing nations will be able to create social capital that would enable them to achieve a long-term disaster resiliency and social sustainability.