Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 14th Aug 2025, 08:37:19am BST
Session Chair: Prof. Francesca MANES ROSSI, University of Napoli Federico II Session Chair: Gorana ROJE, The Ministry of Physical Planning, Construction and State Assets Session Chair: Prof. Eugenio CAPERCHIONE, Modena and Reggio Emilia University
Moderator
: Prof. Isabel BRUSCA, University of Zaragoza Session Chair: Prof. Sandro BRUNELLI, University of Rome "Tor Vergata" Discussant/rapporteur: Prof. Marco BISOGNO, University of Salerno
“Sustainability, digitalization and value creation”
Presentations
Leading Local Economies Beyond 2030 – A Delphi Study on Public Financial Management Amidst Sustainability Crisis
Elina Maria Karoliina VIKSTEDT1, Lotta-Maria SINERVO1, Harri LAIHONEN2, Mika LUHTALA1
1Tampere University, Finland; 2University of Eastern Finland, Finland
Public financial management plays a pivotal role in guiding local economies towards sustainability (Sinervo & Laihonen, 2022; Bisogno et al., 2024; Manes-Rossi et al., 2024). Firstly, to effectively mitigate operational impacts of local government organizations, their financial management needs to be aligned with sustainable development (See Kaur & Lodhia, 2019; Laihonen & Sinervo, 2023; Sinervo et al., 2024; Vikstedt et al., 2024). Secondly, looking beyond 2030, public financial management must be equipped to deal with the impacts of climate change and biodiversity loss, as well as social problems such as inequality, exclusion and marginalization, and health disparities, while simultaneously the political and macroeconomic constraints faced by local governments further complicate the pursuit of sustainable financial management. Hence, we set forth a study to examine what sustainable public financial management beyond 2030 might be, addressing the following research question: How can the public financial management practices address the influence of sustainability crisis and build resilience of the local economies beyond 2030? Gathering expert opinions from financial managers of the 25 largest cities and municipalities in Finland through a Delphi Study (See, for example, Scholl et al., 2004) and refining and converging these opinions into an expert consensus, we seek to identify the present constrains, challenges, and blind spots regarding the impacts on sustainability crises on local economies, explore the future development needs and identify strategies through which sustainability thinking can be embedded into the public sector financial management practices and how these practices can make a contribution in building more sustainable and resilient local economies (c.f., Manes-Rossi, 2024).
