While market-based solutions are increasingly being proposed to address major societal and development issues, they are also often considered antithetical to issues such as climate change, poverty alleviation and disaster response. In particular, the interorganizational systems involved in such market solutions gives rise to multiple contradictory tensions, known as paradoxes. We therefore adopt a paradox lens to explain the dynamics through which different actors within these systems navigate the contradictions that are generated. Drawing on a global qualitative study of multi-country risk pools that provide rapid capital in the immediate aftermath of disaster, we advance paradox theory by showing how organizational actors’ interactions i) maintain equilibrium by generating mutually reinforcing balance among paradoxes, whilst ii) the clustering of poles from different paradoxes generates disequilibrium, and iii) the reknotting of poles from different paradoxes restores equilibrium. As our process framework shows, these dynamics form an iterative cycle between equilibrium and disequilibrium that is essential in enhancing the promise of market-based solutions to address development issues; in our study increasing the rapid availability of capital to respond to disasters such as hurricanes, earthquakes and droughts.

中文翻译：

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实现对灾难的快速财务响应：打结和重新打结组织间系统中的多个悖论

虽然越来越多地提出基于市场的解决方案来解决重大社会和发展问题，但它们也常常被认为与气候变化、扶贫和灾害应对等问题背道而驰。尤其是，此类市场解决方案所涉及的组织间系统会产生多种相互矛盾的紧张局势，即所谓的悖论。因此，我们采用了一个悖论的视角来解释这些系统中的不同参与者在所产生的矛盾中导航的动态。借鉴在灾难发生后立即提供快速资本的多国风险池的全球定性研究，我们通过展示组织参与者如何相互作用来推进悖论理论 i) 通过在悖论之间产生相互加强的平衡来维持平衡，同时 ii) 来自不同悖论的极点的聚集产生了不平衡，以及 iii) 来自不同悖论的极点的重新连接恢复了平衡。正如我们的过程框架所示，这些动态形成了平衡与不平衡之间的迭代循环，这对于增强基于市场的解决方案解决发展问题的前景至关重要；在我们的研究中，增加了资金的快速可用性，以应对飓风、地震和干旱等灾害。