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.

(2023). Government financial resilience – A European perspective . Retrieved from https://hdl.handle.net/10446/237109

Government financial resilience – A European perspective

Barbera, Carmela;
2023-01-01

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.
2023
Saliterer, Iris; Barbera, Carmela; du-Boys, Céline; Dom, Bernard; Korac, Sanja; Steccolini, Ileana
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Descrizione: This is a draft chapter. The final version is available in Research Handbook on City and Municipal Finance, edited by Craig L. Johnson, Tima M. Moldogaziev, and Justin M. Ross, published in 2023, Edward Elgar Publishing Ltd http://dx.doi.org/ 10.4337/9781800372962 The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/237109
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