The Economics and Politics of Financial Unsustainability in Local Government

Author(s)
Drew, Joseph
Dollery, Brian
Publication Date
2020
Abstract
Financial sustainability represents the ability of local governments ‘to meet the needs of the present generation without compromising the ability of future generations to meet their own needs’ (Chapman 2008: 115). It has long been the domain of economists who seek to explain how rational actors should and do manage scarce resources. However, outside of public choice theory, it has received far less attention from political scientists who have important contributions to make by explaining how the political process can give rise to better management of the collective scarce resources under the control of local governments.
Citation
Public Administration Quarterly, 44(2), p. 160-171
ISSN
2327-4433
0734-9149
Link
Language
en
Publisher
Southern Public Administration Education Foundation, Inc
Title
The Economics and Politics of Financial Unsustainability in Local Government
Type of document
Journal Article
Entity Type
Publication

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