This volume provides a unique insight into the ways local governments have maintained financial resilience in the face of the significant challenges posed by the era of austerity. Taking an international perspective, it provides an enlightening and practical analysis of the different capacities and responses that local governments deploy to cope with financial shocks.
Moving beyond traditional approaches dealing with financial stress, the financial resilience perspective reveals a wider range of organisational responses and enables consideration of the dynamic role played by internal and external contextual factors.
The international case study approach allows for a comparative analysis of financial resilience in the context of different administrative and policy environments.By providing a unifying view of financial resilience, the importance of building resilience into organisational financial management is demonstrated, uncovering the relative effectiveness of different resilience building approaches.
This edited volume is a valuable source for practitioners and academics, as well as students of public policy, public management and financial management.
Introduction: Governments and Crises;
Iris Saliterer, Martin Jones, and Ileana Steccolini Austria – Building Capacities Versus Resting on Laurels; Sanja Korac
A Tale of Two Jurisdictions: A Focus on the Effect of Regulatory Constraints on Municipal Resilience in Australia; Joseph Drew
Financial Resilience in Brazilian Municipalities; André C. B. de Aquino and Ricardo Lopes Cardoso
English Resilience in the Face of Austerity; Martin Jones
Resilience Patterns of French Municipalities: A Case Study; Céline du Boys
A Cushioned Impact of the Financial Crisis – Local Government Financial Resilience in Germany; Ulf Papenfuß, Iris Saliterer, and Nora Albrecht
Financial Resilience of Greek Local Governments; Sandra Cohen and Nikolaos Hlepas
Patterns of Financial Resilience in Italian Municipalities; Carmela Barbera
Financial Resilience: How Dutch Cities Have Buffered and Adapted to the Financial Crisis; Tom Overmans
Financial Resilience: The Swedish Case; Niklas Wällstedt and Roland Almqvist
Financial Resilience at the Root of the Crisis – Michigan, U.S.; Sanja Korac, Iris Saliterer, and Eric Scorsone
Conclusion; Ileana Steccolini, Martin Jones and Iris Saliterer