To read the full version of this content please select one of the options below:

Introduction: Governments and Crises

Governmental Financial Resilience

ISBN: 978-1-78714-263-3, eISBN: 978-1-78714-262-6

ISSN: 2053-7697

Publication date: 30 May 2017

Abstract

Governments are no strangers to dealing with crises. On the contrary, a central role of any government is to absorb, navigate and mitigate them. However, crises themselves are unpredictable and represent a significant challenge to governments at both the national and local level. Despite such uncertainty, studying how governments in different countries respond to crises offers a great opportunity to learn from the past and to understand the nature of resilience in the face of significant shocks and disruption.

This book charts how local governments in 11 countries, covering Europe, the United States, South America and Australia, responded to the recent crises and austerity period by shedding new light on the role of contextual- and policy-related conditions as well as the internal capacities and conditions that may influence responses and, ultimately, performance.

This chapter sets the scene for the book, by highlighting the relevance of examining financial crises and austerity and the ways in which governments, and more specifically, local governments, are facing the related shocks. In doing so, it proposes a preliminary framework for exploring governmental financial resilience at the local level. In such a framework, financial resilience is seen as the dynamic combination of internal and external dimensions, including the external environment, financial shocks, vulnerability, anticipatory capacity and coping capacity.

Keywords

Citation

Saliterer, I., Jones, M. and Steccolini, I. (2017), "Introduction: Governments and Crises", Governmental Financial Resilience (Public Policy and Governance, Vol. 27), Emerald Publishing Limited, Bingley, pp. 1-16. https://doi.org/10.1108/S2053-769720170000027001

Publisher

:

Emerald Publishing Limited

Copyright © 2017 Emerald Publishing Limited