Theory and Practice for Coping with Economic Downturns at the Local Level: Part I

Source: Whitney B. Afonso, University of North Carolina at Chapel Hill – School of Government, Local Finance Bulletin No. 48, September 2014

…This bulletin discusses the common effects of recessions on local governments, describes the survey tool used in the study, and reports how county commissioners perceived the effects of the recession on their counties. It then compares the coping strategies advocated by the academic literature to the strategies actually being used by local governments and briefly discusses the insights provided by the decision makers who responded to the survey. The concluding section deals with policy implications….