Artikel
Do political economy factors influence funding allocations for disaster risk reduction?
Considering the importance of political economy in implementing Disaster Risk Reduction (DRR), this research investigates the significance of political economy in the distribution of DRR funding in Bangladesh. The study analysed data from self-reported surveys from 133 members of the sub-district level disaster management committee and government officials working with DRR. Employing the Partial Least Squares Structural Equation Modeling (PLS-SEM) method, we find that political economy factors explain 68% of the variance in funding allocations. We also show that four categories of political economy factors-power and authority, interest and incentives, institutions, and values and ideas-are significantly influential over the distribution of DRR funding across subdistricts of Bangladesh. Our findings offer important policy implications to reduce the potential risks surrounding political economy influences in fund allocation and advance climate finance literature.
- Language
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Englisch
- Bibliographic citation
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Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 14 ; Year: 2021 ; Issue: 2 ; Pages: 1-20 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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Bangladesh
climate finance
disaster risk reduction (DRR)
fund distribution
PLS-SEM
political economy
- Event
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Geistige Schöpfung
- (who)
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Islam, Shafiqul
Zobair, Khondker Mohammad
Chu, Cordia
Smart, James C. R.
Alam, Md. Samsul
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
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2021
- DOI
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doi:10.3390/jrfm14020085
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Islam, Shafiqul
- Zobair, Khondker Mohammad
- Chu, Cordia
- Smart, James C. R.
- Alam, Md. Samsul
- MDPI
Time of origin
- 2021
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