RT Journal Article
T1 Identifying risk determinants of the financial sustainability of regional governments
A1 Navarro Galera, Andrés
A1 Alcaide Muñoz, Laura
A1 López-Subires, María Deseada
A1 Rodríguez Bolívar, Manuel Pedro
K1 Economía regional
AB This paper identifies some of the important factors that influence the financial sustainability of regional governments. Data from all of Spain’s regional governments show that unemployment, immigrant population, dependent population, structure of revenues and expenditures, and the source of debt had impacts on financial sustainability.This paper will help policy-makers and managers in regional and local governments to improve the management of risk and opportunities, as well as to prevent or resolve sustainability problems. The paper provides lessons, based on the Spanish experience, for politicians and practitioners to improve the management of regional governments’ financial sustainability. The authors stress the need to estimate the longer term financial effects of a migrant population and the unemployed; to analyse the long-term financial impact of subsidies from other levels of government; to monitor proportionality between awarding grants and making capital investments; and to look at ways of increasing a regional government’s contribution to its own revenue (for example through fees, taxes and rates)
PB Taylor & Francis
YR 2021
FD 2021
LK https://hdl.handle.net/10630/37548
UL https://hdl.handle.net/10630/37548
LA eng
NO Navarro-Galera, A., Alcaide-Muñoz, L., López-Subires, M. D., & Rodríguez-Bolívar, M. P. (2019). Identifying risk determinants of the financial sustainability of regional governments. Public Money & Management, 41(3), 255–263. https://doi.org/10.1080/09540962.2019.1684025
NO This is an Accepted Manuscript of an article published by Taylor & Francis in Public Money & Management on 2021, available online: https://doi.org/10.1080/09540962.2019.1684025.
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 19 ene 2026