TY - JOUR
T1 - Port risk management and Public Private Partnerships: factors relating to risk allocation and risk sustainability
AU - Handley-Schachler, Morrison
AU - Navare, Jyoti
N1 - Subject to restrictions, author can archive post-print (ie final draft post-refereeing).
PY - 2010/2/12
Y1 - 2010/2/12
N2 - Ports are complex operations involving government and private-sector partners in creating economic benefits and in identifying, managing and absorbing economic, environmental and security risks. Allocation and assessment of risks is necessitated and facilitated by the diversity of organisations involved. Allocation of the cost of risks among the partners or its transfer to outside agencies through insurance or financing arrangements is essential. However, this allocation is not purely a function of attributes of the risks themselves and their controllability by each of the partners but depends in part on factors such as power structures within partnerships and capacity to absorb risks.
AB - Ports are complex operations involving government and private-sector partners in creating economic benefits and in identifying, managing and absorbing economic, environmental and security risks. Allocation and assessment of risks is necessitated and facilitated by the diversity of organisations involved. Allocation of the cost of risks among the partners or its transfer to outside agencies through insurance or financing arrangements is essential. However, this allocation is not purely a function of attributes of the risks themselves and their controllability by each of the partners but depends in part on factors such as power structures within partnerships and capacity to absorb risks.
U2 - 10.1504/WRITR.2010.031585
DO - 10.1504/WRITR.2010.031585
M3 - Article
SN - 1749-4729
VL - 3
SP - 150
EP - 166
JO - World Review of Intermodal Transportation Research
JF - World Review of Intermodal Transportation Research
IS - 1-2
ER -