by rpafdaccess | Sep 27, 2024 | Financial distress, Local government, Local statecraft
Author: Andy PIKE The UK government reduced expenditure and introduced local financial self-sufficiency in pursuing austerity after the 2008 crash, forcing local governments in England to find savings and new income sources to close funding gaps. As new financial...
by rpafdaccess | Sep 9, 2024 | China, Financial distress, Insolvency, Local government, News, Public-private partnerships, UN sustainable development goals
Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...