Charting how local governments in 11 countries responded to the recent crises and austerity period, scholars of public finance and administration shed new light on the role of the contextual and policy-related conditions as well as the internal capacities and conditions that may influence responses and, ultimately, performance. Their topics include Austria: building capacities versus resting on laurels, financial resilience in Brazilian municipalities, resilience patterns of French municipalities: a case study, financial resilience of Greek local governments, how Dutch cities have buffered and adapted to the financial crisis, and financial resilience at the root of the crisis in Michigan.