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The Rules of the Game and Post-Disaster Rebuilding and Recovery

  • Laura E. GrubeEmail author
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Part of the Mercatus Studies in Political and Social Economy book series (MSPSE)

Abstract

A substantial literature exists on the role of government post disaster. Within the United States, literature on government response and recovery (most notably, the Federal Emergency Management Agency) tends to emphasize the ability of federal government to respond to large-scale crises as well as a wide range of crises. However, little of the research on government post-disaster response and recovery has focused on the government’s role in maintaining the rules of the game. This chapter argues that government can and should (1) ensure that rules are known in advance (so that individuals on the ground can plan accordingly), (2) protect private property (and therefore encourage investment and rebuilding), and (3) allow local actors (including entrepreneurs) to step in as soon as possible.

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Copyright information

© The Author(s) 2020

Authors and Affiliations

  1. 1.Department of EconomicsBeloit CollegeBeloitUSA

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