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Financial Vulnerability in Local Governments: Lessons from the COVID-19 Pandemic

Financial Vulnerability in Local Governments: Lessons from the COVID-19 Pandemic

by Emanuele Padovani | Nov 11, 2024 | Bankruptcy, Covid-19, Financial distress, Local government, Local public entities

Local governments (LGs) worldwide faced profound financial challenges due to the COVID-19 pandemic, which exposed vulnerabilities in their fiscal structures and governance. As primary providers of essential services, LGs experienced significant fiscal strain due to...

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