Financial resilience! A comparative study of three lower tier authorities in England

Coyle, H.; Ferry, L.

Abstract

Austerity policies have affected local government for over a decade challenging their financial resilience to cope with further financial shocks. Using a financial resilience framework, this paper examines whether lower tier authorities behave in the same way as their higher tier counterparts when it comes to financial resilience to shocks. From a detailed field study of three lower tier (district) authorities in English local government, it is concluded that they do not have the capacity to ‘Bounce Forwards’. They can only ‘Bounce Back’ in the short term and even that is becoming increasingly difficult.

Citation

Coyle, H., & Ferry, L. (2022). Financial resilience! A comparative study of three lower tier authorities in England. Financial Accountability and Management, 38(4), 686-702. https://doi.org/10.1111/faam.12344

• Journal Article Type: Article
• Acceptance Date: Aug 8, 2022
• Online Publication Date: Sep 5, 2022
• Publication Date: 2022-11
• Deposit Date: Aug 9, 2022
• Publicly Available Date: Mar 31, 2023
• Journal: Financial Accountability and Management
• Print ISSN: 0267-4424
• Electronic ISSN: 1468-0408
• Publisher: Wiley
• Peer Reviewed: Peer Reviewed
• Volume: 38
• Issue: 4
• Pages: 686-702
• DOI: https://doi.org/10.1111/faam.12344
• Public URL: https://durham-repository.worktribe.com/output/1194031