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.

Italian Municipalities and the fiscal crisis: four strategies for muddling through

Barbera, Carmela;Guarini, Enrico;Steccolini, Ileana
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.
2016
2016
Barbera, Carmela; Guarini, Enrico; Steccolini, Ileana
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/3981120
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