Resist, recover, renew: Fiscal resilience as a strategic response to economic uncertainty (Record no. 525633)
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| fixed length control field | 01824nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240401b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Rao, M., Mussom J.A. and Young, M.M. |
| 245 ## - TITLE STATEMENT | |
| Title | Resist, recover, renew: Fiscal resilience as a strategic response to economic uncertainty |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Review of Public Administration |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 53(7-8), Oct-Nov, 2023: p.296-315 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The cyclicality of economic recessions worsens fiscal stability and increases vulnerability to future shocks. This article argues that the concept of resilience provides an important frame for understanding the dynamic character of public financial management. The study introduces a theoretical framework that decomposes fiscal resilience into precrisis fiscal resistance, postcrisis fiscal recovery, and long-term fiscal renewal. It empirically tests the model employing a Cox proportional hazard model and over three decades of data (1991–2018) covering two previous recessions—the dotcom recession and the Great Recession. The findings indicate that although strategic decisions associated with revenue diversification and countercyclical capacity facilitate fiscal resilience, specific features of local government finances such as the revenue structure and service structure are critical to fiscal recovery and renewal. In addition, the underlying characteristics of each recession affect whether institutional and economic conditions facilitate fiscal resilience. The article discusses implications for financial management and emphasizes embedding resiliency-based frameworks in local government strategic planning. – Reproduced https://journals.sagepub.com/doi/full/10.1177/02750740231186424 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Review of Public Administration |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | PUBLIC FINANCE |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
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| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-04-01 | 53(7-8), Oct-Nov, 2023: p.296-315 | AR131429 | 2024-04-01 | Articles |