Through a multiple case study of eight Italian municipalities, our paper identifies the main shocks perceived by the local management as a consequence of the recent fiscal crisis and the related organizational responses. The analysis roots current responses in longer-term municipal financial management and strategies. Even in a context where the shocks are described and identified as being much the same, there is not a single pattern of response, but (at least) four different ways of reacting to shocks can be identified: reorientation, buffering, continuous adjustment, avoiding problems and catching opportunities.

Barbera, C., Guarini, E., Steccolini, I. (2016). Italian Municipalities and the Fiscal Crisis: Four Strategies for Muddling Through. FINANCIAL ACCOUNTABILITY & MANAGEMENT, 32(3), 335-361 [10.1111/faam.12088].

Italian Municipalities and the Fiscal Crisis: Four Strategies for Muddling Through

GUARINI, ENRICO
Secondo
;
2016

Abstract

Through a multiple case study of eight Italian municipalities, our paper identifies the main shocks perceived by the local management as a consequence of the recent fiscal crisis and the related organizational responses. The analysis roots current responses in longer-term municipal financial management and strategies. Even in a context where the shocks are described and identified as being much the same, there is not a single pattern of response, but (at least) four different ways of reacting to shocks can be identified: reorientation, buffering, continuous adjustment, avoiding problems and catching opportunities.
Articolo in rivista - Articolo scientifico
austerity; financial management; financial strategy; fiscal crisis; municipality;
financial management; fiscal crisis; austerity; municipality; financial strategy
English
2016
32
3
335
361
reserved
Barbera, C., Guarini, E., Steccolini, I. (2016). Italian Municipalities and the Fiscal Crisis: Four Strategies for Muddling Through. FINANCIAL ACCOUNTABILITY & MANAGEMENT, 32(3), 335-361 [10.1111/faam.12088].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/124669
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