IDEAS home Printed from https://ideas.repec.org/a/cai/accafc/cca_281_0007.html
   My bibliography  Save this article

La comptabilité publique locale à l’épreuve de la finance toxique

Author

Listed:
  • Edoardo Ferlazzo

Abstract

The 2008 toxic loans crisis of French local authorities highlights the dependency of local debt on risky financial products. One of the causes cited to explain the diffusion of such products in local public accounts is the lack of local debt’s accounting normalization. The crisis resolution is consequently a moment of institutional thought for making a new accounting instrumentation that aims to avoid such a crisis to repeat. The article shows that the undertaken accounting measures are similar to financial literacy tools for local authorities and institutionalize a financialization of local public management. The accounting norms now applied are then consistent, as much as they harden, a neoliberal governmentality of local public action and debt.

Suggested Citation

  • Edoardo Ferlazzo, 2022. "La comptabilité publique locale à l’épreuve de la finance toxique," ACCRA, Association francophone de comptabilité, vol. 28(1), pages 7-38.
    • Handle: RePEc:cai:accafc:cca_281_0007
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=CCA_281_0007
    Download Restriction: restricted
    File URL: http://www.cairn.info/revue-comptabilite-controle-audit-2022-1-page-7.htm
    Download Restriction: restricted
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:accafc:cca_281_0007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-accra.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.