Resilience as a Fiscal Input: County Financial Condition in an Open Systems Framework

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Authors: Jungmin Hwang, Junghwa Choi, Sojin Jang, Craig S. Maher
Cited by: 1
References: 84

Abstract

Abstract This study explores how community resilience shapes local fiscal health by integrating the Baseline Resilience Indicators for Communities (BRIC) into an open‐systems framework of public finance. Using financial data from U.S. counties for fiscal years 2016 and 2021, we examined whether the six BRIC domains explain variation in operating performance, fiscal reserves, and debt levels. We found that economic and social resilience were positively associated with higher fiscal reserves, while housing infrastructure and civic engagement reduced them. This challenges a monotonic relationship between community resilience and county fiscal health, revealing trade‐off dynamics and the context‐dependent nature underlying it.

Fields of Study & Subjects

Regional resilience and development Disaster Management and Resilience Fiscal Policies and Political Economy

Publication details

Journal / source
Public Budgeting &amp Finance
Publisher
Wiley
Publication date
4 May 2026
Language
EN