Local governments' financial vulnerability: analysing the impact of the COVID-19 pandemic
"Local Governments' Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the Covid-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to ei...
Gespeichert in:
| Weitere Verfasser: | , , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London ; New York
Routledge, Taylor & Francis Group
2022
|
| Schriftenreihe: | Routledge research in urban politics and policy
6 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | "Local Governments' Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the Covid-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to eight countries with different administrative models and traditions: Australia, Austria, Bosnia and Herzegovina, Germany, Italy, Portugal, Spain, and the USA. Comparative results reveal not only that Covid-19 impacts and policy tools had a lot of similarities across countries, but also that financial vulnerability has an inherently contingent nature in time and space and can lead to paradoxical outcomes. The book shows that the impact of the crisis on local governments' finances has been postponed and that financial vulnerability is expected to increase dramatically for a few years following the pandemic, especially in larger and richer municipalities which are traditionally more autonomous and less financially vulnerable. The authors provide timely insights and analytical tools that can be useful for both academic and public policy purposes, to further appreciate local governments' financial vulnerability, especially during crises. This book is a valuable resource for practitioners and academics, as well as students of public policy, public management, financial management, and public accounting. Local governments can use the framework to better appreciate and manage their financial vulnerability, while oversight authorities can use it to help local governments become less financially vulnerable or, at least, more aware of their financial vulnerability. Financial institutions, advisors, and rating agencies may use this publication to refine or revise their models of credit risk assessment" |
| Beschreibung: | ix, 122 Seiten |
| ISBN: | 9781032228099 |
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| 520 | 3 | |a "Local Governments' Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the Covid-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to eight countries with different administrative models and traditions: Australia, Austria, Bosnia and Herzegovina, Germany, Italy, Portugal, Spain, and the USA. Comparative results reveal not only that Covid-19 impacts and policy tools had a lot of similarities across countries, but also that financial vulnerability has an inherently contingent nature in time and space and can lead to paradoxical outcomes. The book shows that the impact of the crisis on local governments' finances has been postponed and that financial vulnerability is expected to increase dramatically for a few years following the pandemic, especially in larger and richer municipalities which are traditionally more autonomous and less financially vulnerable. The authors provide timely insights and analytical tools that can be useful for both academic and public policy purposes, to further appreciate local governments' financial vulnerability, especially during crises. This book is a valuable resource for practitioners and academics, as well as students of public policy, public management, financial management, and public accounting. Local governments can use the framework to better appreciate and manage their financial vulnerability, while oversight authorities can use it to help local governments become less financially vulnerable or, at least, more aware of their financial vulnerability. Financial institutions, advisors, and rating agencies may use this publication to refine or revise their models of credit risk assessment" | |
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Datensatz im Suchindex
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Contents List of tables List of contributors 1 Introduction x xi 1 EMANUELE PADOVANI, ERIC SCORSONE, SILVIA JACUZZI, AND SIMONE VALLE DE SOUZA Local government, transboundary crises, and financial vulnerability 2 Content of the book 5 2 Financial Vulnerability 7 EMANUELE PADOVANI, SILVIA IACUZZI, SUSANA JORGE, AND LILIANA PIMENTEL Introduction 7 Literature overview 7 A conceptualframework 11 Applying the framework 12 3 Australia ANDREA WALLACE AND BRIAN DOLLERY Introduction 16 Administrative structure andfiscal rules 18 Revenue structure 19 Expenditure structure 21 Vulnerability outlook 25 Final remarks 26 16
viii 4 Contents Austria 27 THOMAS PROROK AND ROBERT BLÖSCHL Introduction 27 Administrative structure andfiscal rules 28 Revenue structure 30 Expenditure structure 32 Vulnerability outlook 34 Final remarks 35 5 Bosnia and Herzegovina 36 JELENA POLJAŠEVIĆ Introduction 36 Administrative structure andfiscal rules 37 Revenue structure 38 Expenditure structure 41 Vulnerability outlook 43 Final remarks 45 6 Germany 47 RENÉ GEISSLER Introduction 47 Administrative structure andfiscal rules 48 Revenue structure 49 Expenditure structure 52 Vulnerability outlook 54 Final remarks 55 7 Italy EMANUELE PADOVANI AND SILVIA IACUZZI Introduction 57 Administrative structure andfiscal rules 58 Revenue structure 59 Expenditure structure 61 Vulnerability outlook 63 Final remarks 65 57
Contents 8 Portugal ix 67 SUSANA JORGE AND LILIANA PIMENTEL Introduction 67 Administrative structure andfiscal rules 68 Revenue structure 71 Expenditure structure 72 Vulnerability outlook 73 Final remarks 74 9 Spain 76 ISABEL ALIJARDE BRUSCA Introduction 76 Administrative structure andfiscal rules 77 Revenue structure 80 Expenditure structure 81 Vulnerability outlook 82 Final remarks 84 10 United States of America 85 MARY SCHULZ, ERIC SCORSONE, AND SIMONE VALLE DE SOUZA Introduction 85 Administrative structure andfiscal rules 85 Revenue structure 87 Expenditure structure 90 Vulnerability outlook 91 Final remarks 92 11 Conclusions 93 EMANUELE PADOVANI, SIMONE VALLE DE SOUZA, AND SILVIA IACUZZI Comparing financial vulnerability across eight countries 93 Relevant characteristics in shaping local government financial vulnerability 102 Final considerations 105 Bibliography Index 108 119 |
| adam_txt |
Contents List of tables List of contributors 1 Introduction x xi 1 EMANUELE PADOVANI, ERIC SCORSONE, SILVIA JACUZZI, AND SIMONE VALLE DE SOUZA Local government, transboundary crises, and financial vulnerability 2 Content of the book 5 2 Financial Vulnerability 7 EMANUELE PADOVANI, SILVIA IACUZZI, SUSANA JORGE, AND LILIANA PIMENTEL Introduction 7 Literature overview 7 A conceptualframework 11 Applying the framework 12 3 Australia ANDREA WALLACE AND BRIAN DOLLERY Introduction 16 Administrative structure andfiscal rules 18 Revenue structure 19 Expenditure structure 21 Vulnerability outlook 25 Final remarks 26 16
viii 4 Contents Austria 27 THOMAS PROROK AND ROBERT BLÖSCHL Introduction 27 Administrative structure andfiscal rules 28 Revenue structure 30 Expenditure structure 32 Vulnerability outlook 34 Final remarks 35 5 Bosnia and Herzegovina 36 JELENA POLJAŠEVIĆ Introduction 36 Administrative structure andfiscal rules 37 Revenue structure 38 Expenditure structure 41 Vulnerability outlook 43 Final remarks 45 6 Germany 47 RENÉ GEISSLER Introduction 47 Administrative structure andfiscal rules 48 Revenue structure 49 Expenditure structure 52 Vulnerability outlook 54 Final remarks 55 7 Italy EMANUELE PADOVANI AND SILVIA IACUZZI Introduction 57 Administrative structure andfiscal rules 58 Revenue structure 59 Expenditure structure 61 Vulnerability outlook 63 Final remarks 65 57
Contents 8 Portugal ix 67 SUSANA JORGE AND LILIANA PIMENTEL Introduction 67 Administrative structure andfiscal rules 68 Revenue structure 71 Expenditure structure 72 Vulnerability outlook 73 Final remarks 74 9 Spain 76 ISABEL ALIJARDE BRUSCA Introduction 76 Administrative structure andfiscal rules 77 Revenue structure 80 Expenditure structure 81 Vulnerability outlook 82 Final remarks 84 10 United States of America 85 MARY SCHULZ, ERIC SCORSONE, AND SIMONE VALLE DE SOUZA Introduction 85 Administrative structure andfiscal rules 85 Revenue structure 87 Expenditure structure 90 Vulnerability outlook 91 Final remarks 92 11 Conclusions 93 EMANUELE PADOVANI, SIMONE VALLE DE SOUZA, AND SILVIA IACUZZI Comparing financial vulnerability across eight countries 93 Relevant characteristics in shaping local government financial vulnerability 102 Final considerations 105 Bibliography Index 108 119 |
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| spelling | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic edited by Emanuele Padovani, Eric Scorsone, Silvia Iacuzzi, and Simone Valle de Souza London ; New York Routledge, Taylor & Francis Group 2022 ix, 122 Seiten txt rdacontent n rdamedia nc rdacarrier Routledge research in urban politics and policy 6 Routledge focus "Local Governments' Financial Vulnerability presents a conceptual framework developed to examine how vulnerable local finances were before and in the immediate aftermath of the Covid-19 pandemic crisis by mapping and systematising its dimensions and sources. The model is then applied to eight countries with different administrative models and traditions: Australia, Austria, Bosnia and Herzegovina, Germany, Italy, Portugal, Spain, and the USA. Comparative results reveal not only that Covid-19 impacts and policy tools had a lot of similarities across countries, but also that financial vulnerability has an inherently contingent nature in time and space and can lead to paradoxical outcomes. The book shows that the impact of the crisis on local governments' finances has been postponed and that financial vulnerability is expected to increase dramatically for a few years following the pandemic, especially in larger and richer municipalities which are traditionally more autonomous and less financially vulnerable. The authors provide timely insights and analytical tools that can be useful for both academic and public policy purposes, to further appreciate local governments' financial vulnerability, especially during crises. This book is a valuable resource for practitioners and academics, as well as students of public policy, public management, financial management, and public accounting. Local governments can use the framework to better appreciate and manage their financial vulnerability, while oversight authorities can use it to help local governments become less financially vulnerable or, at least, more aware of their financial vulnerability. Financial institutions, advisors, and rating agencies may use this publication to refine or revise their models of credit risk assessment" Pandemie (DE-588)4737034-8 gnd rswk-swf COVID-19 (DE-588)1206347392 gnd rswk-swf Gemeindefinanzwirtschaft (DE-588)4071675-2 gnd rswk-swf Local government / Finance COVID-19 (Disease) / Economic aspects COVID-19 (Disease) / Political aspects Comparative government (DE-588)4143413-4 Aufsatzsammlung gnd-content Gemeindefinanzwirtschaft (DE-588)4071675-2 s COVID-19 (DE-588)1206347392 s Pandemie (DE-588)4737034-8 s DE-604 Padovani, Emanuele (DE-588)1262519241 edt Scorsone, Eric A. (DE-588)1259935485 edt Iacuzzi, Silvia 1975- (DE-588)1262522811 edt Valle de Souza, Simone (DE-588)1094691208 edt Äquivalent Druck-Ausgabe, Paperback 978-1-032-22810-5 Erscheint auch als Online-Ausgabe 978-1-003-27427-8 Routledge research in urban politics and policy 6 (DE-604)BV045295418 6 Digitalisierung BSB München - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=033638212&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic Routledge research in urban politics and policy Pandemie (DE-588)4737034-8 gnd COVID-19 (DE-588)1206347392 gnd Gemeindefinanzwirtschaft (DE-588)4071675-2 gnd |
| subject_GND | (DE-588)4737034-8 (DE-588)1206347392 (DE-588)4071675-2 (DE-588)4143413-4 |
| title | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic |
| title_auth | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic |
| title_exact_search | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic |
| title_exact_search_txtP | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic |
| title_full | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic edited by Emanuele Padovani, Eric Scorsone, Silvia Iacuzzi, and Simone Valle de Souza |
| title_fullStr | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic edited by Emanuele Padovani, Eric Scorsone, Silvia Iacuzzi, and Simone Valle de Souza |
| title_full_unstemmed | Local governments' financial vulnerability analysing the impact of the COVID-19 pandemic edited by Emanuele Padovani, Eric Scorsone, Silvia Iacuzzi, and Simone Valle de Souza |
| title_short | Local governments' financial vulnerability |
| title_sort | local governments financial vulnerability analysing the impact of the covid 19 pandemic |
| title_sub | analysing the impact of the COVID-19 pandemic |
| topic | Pandemie (DE-588)4737034-8 gnd COVID-19 (DE-588)1206347392 gnd Gemeindefinanzwirtschaft (DE-588)4071675-2 gnd |
| topic_facet | Pandemie COVID-19 Gemeindefinanzwirtschaft Aufsatzsammlung |
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