Governmental Financial Resilience: International Perspectives on How Local Governments Face Austerity

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 rang...