Government financial resilience - a European perspective

Carmela Barbera, Bernard Kofi Dom, Céline du Boys, Sanja Korac, Iris Saliterer and Ileana Steccolini

Chapter 22 in Research Handbook on City and Municipal Finance, 2023, pp 408-432 from Edward Elgar Publishing

Abstract: In a context where crises and shocks are becoming frequent, governments increasingly need to be aware of their financial resilience and its underlying dimensions. This chapter proposes a framework for understanding and assessing the financial resilience of municipalities, by jointly considering how types of shocks, financial vulnerabilities, anticipatory capacities, and coping capacities dynamically intertwine to shape responses to crises, and financial and non-financial performance. The chapter also highlights the main features of these dimensions in municipalities in the largest European countries (France, Germany, Italy and the UK), under recent crises. Finally, it reflects on how this research can inform practice and policy through the development of a governmental financial resilience toolkit.

Keywords: Economics and Finance; Politics and Public Policy Urban and Regional Studies (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781800372962.00031 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20063_22

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().