Governmental financial resilience under austerity in Austria,England and Italy: How do local governments cope with financial shocks? |
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| Authors: | Carmela Barbera Martin Jones Sanja Korac Iris Saliterer Ileana Steccolini |
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| Institution: | 1. Università Cattolica del Sacro Cuore, Milan, Italy;2. Nottingham Business School, Nottingham Trent University, Nottingham, UK;3. Department of Public, Nonprofit & Health Management, Alpen‐Adria‐Universit?t Klagenfurt, Klagenfurt, Austria;4. Department of Public and Non‐Profit Management – Local Government Studies, University of Freiburg, Germany;5. Newcastle University London, Newcastle University, London, UKThe authors are listed alphabetically. |
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| Abstract: | The recent economic and fiscal crisis provides an opportunity for learning lessons of general and practical relevance about how governments face shocks affecting their financial conditions. This article draws on the resilience concept to investigate the organizational capacities that are deployed and/or built by local governments (LGs) to respond to such shocks, looking at their combinations and interactions with environmental conditions. The article presents the results of a multiple‐case analysis of 12 European LGs across Austria, Italy and England. The analysis allows us to highlight and operationalize different patterns of financial resilience, that is, self‐regulation, constrained or reactive adaptation, contented or powerless fatalism, that are the result of the interaction and development over time of different internal and external dimensions. |
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