Economic Growth and Fiscal Planning in New York

Economic Growth and Fiscal Planning in New York
Author: William Duncombe
Publisher: Routledge
Total Pages: 205
Release: 2017-09-08
Genre: Business & Economics
ISBN: 1351318225

In an era of federal deficits and struggling municipalities, states have emerged as the most significant governmental actors. But state governments face the major challenge of fiscal planning in the midst of economic change. Roy Bahl and William Duncombe tackle this challenge head-on. Using New York as a case study, they identify looming dangers for state revenue and expenditure planning.Bahl and Duncombe begin with the premise that one cannot separate an evaluation of fiscal performance from an evaluation of economic performance. Accordingly, they describe and analyze the patterns of population, employment, and personal income growth. Following this is a study of state and local government finances in New York since 1970 and a recounting of the fiscal adjustments that were taken in the face of slower and then faster growth in the economy.The authors conclude that based on current conditions, the state and its local governments are in for fiscal belt-tightening. They note that the state should take a comprehensive view in planning the development and retrenchment of its government sector. The book is thought-provoking, exhaustively researched, and sensibly written. Its lessons are applicable everywhere and should be read by all those seeking a route through the tangled thicket of government policy for economic growth.

Public Authorities and Public Policy

Public Authorities and Public Policy
Author: Jerry Mitchell
Publisher: Bloomsbury Publishing USA
Total Pages: 212
Release: 1992-06-30
Genre: Political Science
ISBN: 0313390746

Public authorities are an increasingly important form of government in the United States. Every year, various public policies are entrusted to public authorities for implementation in the manner of a private firm but for the public interest. This edited collection presents an in-depth examination of the theory and practice of public authority administration and the current issues confronting public authorities in general. Cases are provided to invite discussion about the uses of authorities in different policy areas. The book begins with an introduction that reviews the premises that underlie the public authority concept and describes the policy activities and administrative organization of authorities. The first section of the book focuses on the external and internal techniques used to hold authorities accountable. The second section describes various financial issues relevant to authorities, highlighting ways to improve the security of bonds and providing cases showing how corporate subsidiaries are used to finance projects. The third section explores innovative uses of authorities in the areas of economic development, low-income housing creation, social problem-solving, and hazardous waste disposal. The final section considers the impact of public authorities, using economic impact analysis to measure quantitative benefits of one specific authority and probing the problems in evaluating performance in one state. The book concludes with a selected bibliography and a name and subject index. The book is a useful resource for courses in public administration, public policy, management, state and local government, urban planning, public finance, and political science.

The Bonds of Inequality

The Bonds of Inequality
Author: Destin Jenkins
Publisher: University of Chicago Press
Total Pages: 318
Release: 2022-05-02
Genre: Business & Economics
ISBN: 0226819981

"Cities require infrastructure as they grow and persist; infrastructure requires funding, typically from the bond market. But the bond market is not a neutral player. In this groundbreaking book, Destin Jenkins suggests that questions of urban infrastructure are inherently also questions of justice because infrastructure requires financial mechanisms to come into being. Moreover, these mechanisms abstract cities into investments controlled from afar, which exacerbates local inequalities of race, wealth, and power. Ultimately, Jenkins opens up far larger questions, such as why it is that American social welfare is predicated on the demands of finance capitalism in the first place"--