Public administrations are introducing managerial innovations, accounting and control systems into their organizations to enhance economic, financial, and organizational performance. Transparent communication is an important vehicle to increase the accountability of public administrations toward...

Despite the existence of strict budgetary frameworks and fiscal equalisation systems, municipal budget crisis has been a phenomenon in Germany for decades. As an institutional response, most German states implemented bailouts to restore local public finances. This chapter gives a brief...

Improved financial management and the sustainability of local governments is a key ingredient to future growth and the prosperity of countries, especially in an era where crises require countries to be prepared for resilience. However, a significant barrier to improvement in this regard is the...