The Social Contract and Its Consequences During COVID-19 for Profit-Oriented PPPs: A Systemic Perspective in Emerging Economies.

The Social Contract and Its Consequences During COVID-19 for Profit-Oriented PPPs: A Systemic Perspective in Emerging Economies. | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article The Social Contract and Its Consequences During COVID-19 for Profit-Oriented PPPs: A Systemic Perspective in Emerging Economies. Dr. SenthilKumar Anantharaman This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-6913506/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract Problem Definition In emerging economies and countries such as India, during COVID-19, health facilities across the globe, especially in India, do not have the capacity to handle the number of patients. This research aims to reduce health disparities in the Indian context through funding mechanisms to service providers who wish to serve the nation during crises that critically affect economic growth. Academic Relevance In India Profit profit-oriented PPPs has been a viable solution when the government-led public sector formed a synergetic partnership with the technically advanced and innovative private sector. Through this study, we are taking a step towards modelling PPP contracts where the government is planning to integrate emergency services that may provide insights into research in the health service sector and academicians/practitioners in emergency medical services in developing and emerging economies. Methodology In this study, we are taking a step towards analytical modelling of PPP contracts where the government is planning to integrate emergency services and examine various scenarios applying the principal-agent model by characterizing the equilibrium contracts between the Government and the Service provider. Results Results imply that the government needs to develop policies that require immediate action to aid service providers who have a reputation for providing quality emergency health services to survive in a circular economic situation, thereby providing a solid foundation to the newly integrated emergency medical services in emerging economies like India. Managerial Implications During COVID 19, management of emergency service providers in India have to decide the capacity to handle the number of patients. Apart from this, during this crisis and scarcity, public private partnerships (PPP) bids can decide the type of service provider (Non Profit or Corporate) that can help to ensure optimal health outcomes with quality, equity, access and fair distribution. Health Economics & Outcomes Research Covid-19 Emergency Health Services Game Theory Principal-Agent Model PPP Renegotiation Full Text Additional Declarations The authors declare no competing interests. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. 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This research aims to reduce health disparities in the Indian context through funding mechanisms to service providers who wish to serve the nation during crises that critically affect economic growth.\u003c/p\u003e\n\u003cp\u003e\u003cu\u003eAcademic Relevance\u003c/u\u003e\u003c/p\u003e\n\u003cp\u003eIn India Profit profit-oriented PPPs has been a viable solution when the government-led public sector formed a synergetic partnership with the technically advanced and innovative private sector. Through this study, we are taking a step towards modelling PPP contracts where the government is planning to integrate emergency services that may provide insights into research in the health service sector and academicians/practitioners in emergency medical services in developing and emerging economies.\u003c/p\u003e\n\u003cp\u003e\u003cu\u003eMethodology\u003c/u\u003e\u003c/p\u003e\n\u003cp\u003eIn this study, we are taking a step towards analytical modelling of PPP contracts where the government is planning to integrate emergency services and examine various scenarios applying the principal-agent model by characterizing the equilibrium contracts between the Government and the Service provider.\u003c/p\u003e\n\u003cp\u003e\u003cu\u003eResults\u003c/u\u003e\u003c/p\u003e\n\u003cp\u003eResults imply that the government needs to develop policies that require immediate action to aid service providers who have a reputation for providing quality emergency health services to\u003c/p\u003e\n\u003cp\u003esurvive in a circular economic situation, thereby providing a solid foundation to the newly integrated emergency medical services in emerging economies like India.\u003c/p\u003e\n\u003cp\u003e\u003cu\u003eManagerial Implications\u003c/u\u003e\u003c/p\u003e\n\u003cp\u003eDuring COVID 19, management of emergency service providers in India have to decide the capacity to handle the number of patients. 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