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Financial Sustainability in Local Governments : Definition, Measurement and Determinants

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Financial Sustainability in Public Administration

Abstract

Nowadays, when many governments are currently suffering strong financial difficulties, conduct of the public sector has become relevant. Increasing public debt and deficit has asphyxiated many governments, particularly at local level, which have suffered a reduction of revenues and expenditure, along with limitations on deficit and the use of debt. In this scenario, financial sustainability of local governments became very relevant. This contribution is a debate on the definition and measurement of such concept; in addition, it has also presented factors that could affect financial sustainability, highlighting possible future lines of research.

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Author information

Authors and Affiliations

  1. University of Salerno, Fisciano, Italy

    Marco Bisogno

  2. University of Salamanca, Salamanca, Spain

    Beatriz Cuadrado-Ballesteros & Isabel María García-Sánchez

Authors
  1. Marco Bisogno
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  2. Beatriz Cuadrado-Ballesteros
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  3. Isabel María García-Sánchez
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Corresponding author

Correspondence to Marco Bisogno .

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Editors and Affiliations

  1. University of Granada , Granada, Spain

    Manuel Pedro Rodríguez Bolívar

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Bisogno, M., Cuadrado-Ballesteros, B., García-Sánchez, I.M. (2017). Financial Sustainability in Local Governments : Definition, Measurement and Determinants. In: Rodríguez Bolívar, M. (eds) Financial Sustainability in Public Administration. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-57962-7_3

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  • DOI: https://doi.org/10.1007/978-3-319-57962-7_3

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-57961-0

  • Online ISBN: 978-3-319-57962-7

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