Index
Governmental Financial Resilience
ISBN: 978-1-78714-263-3, eISBN: 978-1-78714-262-6
ISSN: 2053-7697
Publication date: 30 May 2017
This content is currently only available as a PDF
Citation
(2017), "Index", Governmental Financial Resilience (Public Policy and Governance, Vol. 27), Emerald Publishing Limited, Leeds, pp. 241-247. https://doi.org/10.1108/S2053-769720170000027015
Publisher
:Emerald Publishing Limited
Copyright © 2017 Emerald Publishing Limited
INDEX
Australia, municipal resilience in
Australian Bureau of Statistics (ABS)
, 36
context
accounting standards
, 38–39
New South Wales local government
, 39–40
rural areas
, 38
Victorian local government
, 40–41
GDP growth
, 36
GFC
, 36
market failure
, 37
methods
budgetary position and volatility matrix
, 41–42
normalised budget positions
, 41
Ward’s method cluster analysis
, 41
results
, 42
individual council responses to shocks
, 45–48
inter-temporal analysis of jurisdiction level responses post-GFC
, 43–44
trading partners
, 36
Australian Capital Territory (ACT)
, 37
Austria local governments
accounting reforms and institutional changes
, 20
collection of data and analysis
, 21–22
context and conditions
, 19
economic situation, before global financial crisis
, 18
method
, 20–21
resilience patterns of
, 23
result
A, second-largest city
, 22, 24–25
B, industrial community
, 25–27
C, wealthy touristic community
, 27–28
D, wealthy local government
, 28–30
Awareness (or preparedness)
, 5
Brazilian municipalities, financial resilience
context
, 54
compliance check-list
, 56
fiscal decentralisation
, 55
macroeconomic and political crises
, 57
mayor model
, 55
national accrual-accounting standards
, 56
operational expenditures
, 56
PFM framework
, 55–56
prices of oil and iron
, 56–57
regional audit bodies
, 56
specific-purpose transfers
, 55
sub-prime crisis
, 56
transfer of funds
, 55
unpaid commitments
, 56
countercyclical initiatives
, 54
drop in commodity prices
, 54
methods
average budgetary position
, 58
budgetary performance, patterns of
, 57
budgetary position and volatility
, 57
decision-making process
, 58
financial and budgetary reports
, 60–61
interviews
, 61
mayor’s leadership
, 61
mean and standard deviation of budgetary surplus for target sample
, 58
municipality response and mayor leadership, pattern of
, 59–60
vulnerabilities
, 61
political crisis
, 54
results
Araraquara city, case study
, 67–68
Nova Friburgo city, case study
, 63–65
Petrópolis city, case study
, 65–67
Poços de Caldas city, case study
, 61–63
Care Commissioning Groups (CCGs)
, 80
Carrathool
, 47
Central Darling Shire in NSW
, 45–46
Chartered Institute of Public Finance and Accountancy (CIPFA)
, 91n3
CIPFA Prudential Code
, 90n2
Commonwealth Government’s response to GFC
, 43
Consumer Price Index
, 44
Council Tax Support schemes
, 91n4
Country settings, and role of external environment
empirical resilience research
, 232
GFC
, 231
national policies
, 232
policies for local governments
, 231
Department of Premier & Cabinet Division of Local Government (DLG)
, 44
Derbyshire County Council
, 82–85
See also English local government context
Dillon’s Rule
, 209
See also U.S. local level features
Director of Economic and Environmental Services
, 80–81
Director of Finance and Information Services
, 80–81
Domestic Stability Pact
, 155–156, 169n6
English local government context
Brown/Darling handling
, 75–76
capital spending
, 75–76
central control
, 74
financial management
, 76
findings
Derbyshire County Council
, 82–85
Manchester City Council
, 77, 79–80
Warrington Borough Council
, 80–82
Wigan Council
, 85–87
methods
, 76–77
net current expenditure
, 75
onset and impact of financial crisis and austerity
, 75–76
rate of VAT
, 75–76
resilience patterns
, 78
unitary or two-tier model
, 75
Essential Services Commission (ESC)
, 46
Financial resilience, framework for exploring
anticipatory and coping capacities
, 7, 233
constrained adaptation
, 234
contentedness
, 236
different patterns
, 233
final remarks
, 236–239
financial shocks
, 6, 233
powerlessness
, 235
reactive adaptation
, 234–235
self-regulation/pro-active adaptation
, 233–234
vulnerability
, 6–7, 233
Fiscal decentralisation
, 55
French Republic local government
context
local institutional framework
, 95–96
local public finances framework
, 95–97
2008 Crisis in France
, 97
discussion
, 108–111
financial health
, 94
French municipalities, resilience of
case study results and discussion
, 99–111
comparison of dimensions
, 106–107
general operating grant (DGF)
, 94
growing number of responsibilities
, 94
methods
, 97–99
Germany local government
accrual-based approach
, 120
cash-based approach
, 120
economy
, 116
financial resilience in
collection of data and analysis
, 121–123
methods
, 121
financial situation
, 119–120
foreign citizens
, 116–117
GDP per capita
, 119
grants
, 119
investment packages
, 117–118
local autonomy
, 118
municipalities’ main functions
, 118–119
national unemployment rate
, 117
population per municipality
, 118
principles of subsidiarity
, 118
public finances
, 117
results and findings
G1, economically favourable context
, 123–125
G2, city located in German east
, 125–126
G3, biggest city
, 126–128
G4, fast growing city
, 128–130
G5, located near two metropolitan areas
, 130–131
revenue shares
, 119
share of world exports
, 116
social and cultural services
, 118–119
two-layer administration
, 118
Global financial crisis (GFC)
, 7–8, 36
Governments and crises
context of austerity
, 2
events and shocks
, 2
financial crises, research on
, 230
global financial crises
, 2
Greater Manchester Combined Authority (GMCA)
, 77
Greece austerity
, 8
Greek local governments
accounting system in
, 140
bilateral financial pressures
, 136
characteristics of
, 138–139
domestic decentralisation policies
, 136
economic situation
GDP
, 137
growth rates
, 137
indicators
, 138
MTFS
, 137
European funding
, 136
financial resilience in
discussion and conclusions
, 149–151
methodology
, 140, 142
resilience dimensions of selected cases
, 141
results
City A, biggest Greek LG
, 142–144
City B, medium-sized LG
, 144–145
City C, working class city
, 145–147
City D, medium-sized LG
, 147–149
state subsidies and regulations
, 136
Home Rule
, 209
See also U.S. local level features
Independent Local Government Review Panel (ILGRP)
, 39, 44
Independent Pricing and Regulatory Tribunal (IPART)
, 39
Institute of Public Works Engineering Australasia (IPWEA)
, 47–48
International Monetary Fund (IMF)
, 8
International Public Sector Accounting Standards (IPSAS)
, 20
Italian municipalities, patterns of financial resilience in
comparison of resilience dimensions
, 160–161
context
average per capita expenditure of municipalities
, 155
cash-commitment basis of accounting
, 156
Domestic Stability Pact
, 155–156
fiscal policies
, 155
population
, 155
discussion and conclusion
, 167–169
Financial Framework Report of Municipalities published by IFEL
, 154
levels of government
, 154
Lissone, contented resilience
, 166–167
methods
case selection
, 156–157
collection of data and analysis
, 157
municipalities’ financial performance
, 158
New Public Management (NPM)
, 154
Piacenza, constrained resilience
, 164–166
revenues
, 154
Rozzano, powerless fatalism
, 162–164
Sesto San Giovanni, proactive and internally driven
, 159, 162
2008 economic and financial crisis
, 154
Kallikratis reform
, 139
Local Government Act (1993)
, 39
See also Australia, municipal resilience in
Local government, defined
, 9
Local public finances framework
, 95–97
See also French Republic local government
Loddon Shire
, 47–48
See also Australia, municipal resilience in
Manchester City Council
, 77, 79–80
See also English local government context
Medium-term framework for financial strategy (MTFS)
, 137
See also Greek local governments
Michigan local governments
discussion and conclusion
, 224–225
fiscal stress
, 208
GFC
, 208
method
, 210
financial data of selected cases
, 212
functions and responsibilities
, 211
initial criteria
, 211
normalised financial performance
, 211
qualitative analysis
, 213
volatility
, 211
resilience patterns
, 214–215
results
, 213, 216
M1, old city
, 216–218
M2, landlocked by two surrounding townships
, 218–219
M3, suburb of Detroit
, 220–222
M4, located in Detroit
, 222–224
Monash Council
, 46
See also Australia, municipal resilience in
Municipal Association of Victoria (MAV)
, 44
See also Australia, municipal resilience in
Netherlands local government
buffering and adapting to crisis
, 183, 185
context
accrual-based accounting standards
, 176
City Council (CC)
, 175
Council of Mayor and Aldermen (CMA)
, 175
local authorities and aftermath of the financial crisis
, 176
long-term finances
, 176
NPM-thinking
, 176
principal sources of income
, 175–176
spending
, 175
financial resilience, patterns of
, 184
local policies
, 174
methods
case selection
, 177–178
data collection and interpretation
, 178
organisational-environmental fit
, 174
public sector organisations
shocks and crises
, 174
results
city of Ede
, 178–180
city of Hengelo
, 181–182
city of Hoorn
, 182–183
city of Zwolle
, 180–181
New Labour government
, 75–76
New South Wales local government
local government
, 39
budgetary position and volatility
, 43
municipalities
average population size of
, 39
grants
, 40
source of income
, 39–40
See also Australia, municipal resilience in
Normalised budgetary position
, 169n8
Northern Rock Building Society
, 75
Organisational resilience
definitions and dimensions
, 5–6
See also Resilience
Public financial management (PFM) framework
, 55–56
See also Brazilian municipalities, financial resilience
Public sector, studying crises and austerity in
, 3
financial management and accounting
, 4
literature
, 4
public management and organisation theory
, 4
research
, 4
Public Works Loans Board (PWLB)
, 81
Reactive adaptation
, 26
Resilience
across organisations
, 5
alternative conceptual lens
, 4–6
concept
, 3
literature on
, 6
Self-regulatory/proactive resilience
, 25
Single Tier and County Councils (STCCs)
, 75–77
Special rate variations (SRV)
, 47
Stability Pact
, 20
Supreme Audit Institution (SAI)
, 56
Swedish Association of Local Authorities and Regions (SALAR)
, 187
autonomy and self-sufficiency
, 204
context
balanced budget requirement
, 192
data from four municipalities
, 190–191
decentralised structure
, 188–189
fiscal distress
, 192
International Public Sector Accounting Standards
, 192
municipality’s revenue
, 189
municipal sector
, 188
regulations and control
, 192
state grants
, 189
taxation
, 189
financial stability
, 203
method
, 192
criteria for selection for study
, 193–194
document studies
, 194
interviews
, 193
research programme
, 193
municipalities
, 188
national research programme
, 188
results
anticipatory capacities
, 198–199
comparison of resilience dimensions across cases
, 202
coping capacity
, 199–201
before crisis
, 195–197
2008/2009 financial crisis
, 194
impact on municipalities
, 194–195
perceiving crisis
, 198
vulnerability and shocks
, 197–198
2008 Crisis in France
, 97
Two-tier system
, 75
See also English local government context
U.S. local level features
Dillon’s Rule
, 209
general-purpose governments
, 209
Home Rule
, 209
local government accounting system and recent challenges
balanced budget requirements
, 210
general fund revenues
, 210
Government Accounting Standards Board (GASB)
, 210
legacy costs
, 210
other post-employment benefits (OPEB)
, 210
pension and health care obligations
, 210
revenue funds
, 210
municipal bonds
, 209
political and fiscal arrangements
, 209
revenue sources
, 209
Victorian Auditor General’s Office (VAGO)
, 40
Victorian local government
average population size
, 40
budgetary position and volatility
, 43
de-amalgamation campaign
, 40
metrics and contentious tax limitations
, 40
municipalities
, 40
revenues from taxes and fees
, 40–41
See also Australia, municipal resilience in
Ward’s method cluster analysis
, 41
See also Australia, municipal resilience in
Warrington Borough Council
, 80–82
See also English local government context
Wigan Council
, 85–87
See also English local government context
- Prelims
- Introduction: Governments and Crises
- Austria – Building Capacities Versus Resting on Laurels
- A Tale of Two Jurisdictions: A Focus on the Effect of Regulatory Constraints on Municipal Resilience in Australia
- Financial Resilience in Brazilian Municipalities
- English Resilience in the Face of Austerity
- Resilience Patterns of French Municipalities: A Case Study
- A Cushioned Impact of the Financial Crisis – Local Government Financial Resilience in Germany
- Financial Resilience of Greek Local Governments
- Patterns of Financial Resilience in Italian Municipalities
- Financial Resilience: How Dutch Cities Have Buffered and Adapted to the Financial Crisis
- Financial Resilience: The Swedish Case
- Financial Resilience at the Root of the Crisis – Michigan, U.S.
- Conclusion
- Index