Crisis Governance in European Turbulent Times: A Comparative Study of Administrative Shifts and Fiscal Consolidation in the Case of Greece and Denmark
摘要
Under the globalized environment and entering an era of ‘crises’, the states experience a higher pressure to make their economies more stable and sustainable. The impact of the financial crisis of 2008 and the recent impact of the Covid-19 financial effects have increased the vulnerability to a new financial shock. The article presents the public administration framework and shifts and fiscal data of Denmark and Greece. It also highlights the reforms taken and their recovery approaches. The need for cost allocation in public authorities should be based on the need of ‘resilient’ society and to disseminate a ‘cost culture’.