The Financial Good Governance in Europe: What Possibilities for Local Authorities?
William Gilles
The Financial Good Governance in Europe: What Possibilities for Local Authorities?The financial good governance is a current and common topic for all local authorities in Europe, especially in a crisis context but not only. However, because European States rest on a variety of administrative organization and on a diversity of the conception of local autonomy, we cannot say that there is a common pattern of financial good governance for local authorities in Europe. Indeed, according to countries, local authorities can have more or less powers depending on the model of autonomy (fiscal, budget or management autonomy). If their margins of maneuvers can depend on the nature of resources that are allocated to them, real financial possibilities also exist for local authorities whatever the model is, since the financial good governance can be reinforced through the rationalization of local policies, thanks to the digital revolution and through the financial innovation.
