BBB – Principles for economic recovery: Case study of the Victorian bushfires

This paper looks at developing build back better (BBB) principles for economic recovery using the 2009 Victorian bushfires in Australia as a case study. The concept behind BBB-based economic recovery is to rejuvenate the economy in disaster-affected communities along with rebuilding to create resilient sustainable communities. A review of the literature identified several principles that can be applied to economic recovery to build back better. Data were collected in 2010 and 2011 by conducting semistructured interviews with stakeholders who were directly involved in the Victorian bushfires recovery efforts, along with reports and other documentation. The recovery in Victoria displayed the use of BBB-based initiatives for economic recovery.

The successes and shortcomings contributed to the creation of a modified list of BBB principles for economic recovery, including: creating an economic strategy based on thorough data collection; providing effective funding through grants and flexible low-interest loans; establishing business advice and mentoring services; providing incentives for businesses; assisting speedy rebuilding of business buildings; providing subsidised employee training and upskilling programmes; and promoting local businesses through advertising.

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