The Municipal Financial Crisis
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| Author | : Mark Moses |
| Publisher | : Springer Nature |
| Total Pages | : 175 |
| Release | : 2022-01-06 |
| Genre | : Business & Economics |
| ISBN | : 3030878368 |
City governments are going bankrupt. Even the ones that aren’t are often stuck in financial chaos. It is easy to blame pensions, poor leadership, or a bad economy. But the problems go much deeper. With decades of experience in local government, author Mark Moses showcases the inside world of the city decision-making process that has spawned these crises. It becomes clear: City governments are maxing out their budgets because they are trying to maximize services. This book, likely the most ambitious attempt by someone who has worked in government to radically examine the delivery of municipal services since 'Reinventing Government' was published more than 25 years ago, explores why city governments pursue an open-ended mission and why bailouts and trendy budgeting processes will be, at best, only temporary solutions. Of interest to current and future city council members, regional and state government officials, those covering city government, financial analysts, city management, and individuals and organizations interested in influencing city policy, this book argues that cities won’t thrive until city hall is disrupted.
| Author | : Craig L. Johnson |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 519 |
| Release | : 2023-09-06 |
| Genre | : Business & Economics |
| ISBN | : 1800372965 |
This timely Research Handbook explores the handling of city and municipal finances in the 21st century. It examines the impact of the Great Recession and COVID-19 pandemic on cities and municipalities, highlighting strengths, weaknesses, and avenues for future progress in city and municipal financial management.
| Author | : James H. Carr |
| Publisher | : Routledge |
| Total Pages | : 460 |
| Release | : 1984 |
| Genre | : Business & Economics |
| ISBN | : |
Throughout the United States, local governments are experiencing sustained and mounting financial difficulties. As fiscal pressures edge upward, cities find it difficult to make ends meet. And while the most acute financial hardships are felt by older, declining industrial complexes, the need to reduce spending, cut services, improve productivity, and increase locally-raised revenues has been recognized by a steadily growing number of municipalities across the country.Local governments have entered an age of austerity wherein traditional notions of budgeting and service provision have been brought into question. Elected officials and financial managers have begun rethinking the manner in which scarce resources are allocated; they have also given significant attention to the ways in which revenues are generated. Carr argues that we are now in a post-industrial society, moving from urban centers to suburban and non-metropolitan jurisdictions. As a result, we are moving from an economy benefitting from prolonged periods of vigor and lower interest rates to an economy characterized by extended periods of recession.Crisis and Constraint in Municipal Finance identifies eight principal areas of concern to budget makers and municipal managers. Beginning with ways to identify fiscal performance, this volume reviews cutback practices, budgeting principles, revenue raising strategies, alternative public service delivery systems and economic development initiatives. Also reviewed are the changing roles of the federal and state governments in local financial matters, as well as the fiscal prospects for local government finances in the coming years. This is an important work that addresses concerns of the economy and should be read by urban planners and economic advisors.
| Author | : Kim Phillips-Fein |
| Publisher | : Macmillan + ORM |
| Total Pages | : 302 |
| Release | : 2017-04-18 |
| Genre | : History |
| ISBN | : 0805095268 |
PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.
| Author | : National Municipal League |
| Publisher | : |
| Total Pages | : 132 |
| Release | : 1934 |
| Genre | : Finance, Public |
| ISBN | : |
| Author | : |
| Publisher | : |
| Total Pages | : 51 |
| Release | : 1942 |
| Genre | : |
| ISBN | : |
| Author | : Financial Crisis Inquiry Commission |
| Publisher | : Cosimo, Inc. |
| Total Pages | : 692 |
| Release | : 2011-05-01 |
| Genre | : Political Science |
| ISBN | : 1616405414 |
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
| Author | : Martin Shefter |
| Publisher | : Columbia University Press |
| Total Pages | : 304 |
| Release | : 1992 |
| Genre | : Business & Economics |
| ISBN | : 9780231079433 |
This study examines the factors that caused New York City's financial crisis in 1975 and demonstrates how these manifestations of newly evolved political alliances and systems continue to undermine the city's financial stability. It shows how these problems, which are enduring features of the city's political system, are not unique to New York but a threat to the financial stability of most major American cities. The volume won the American Political Science Association's Award for the Best Book on Urban Policy.
| Author | : National Advisory Council on Radio in Education. Committee on Civic Education by Radio |
| Publisher | : |
| Total Pages | : 140 |
| Release | : |
| Genre | : Municipal finance |
| ISBN | : |
Radio addresses delivered over a nation-wide network of the National Broadcasting Company, Oct. 3, 1933 to Feb. 6, 1934
| Author | : René Geissler |
| Publisher | : Springer Nature |
| Total Pages | : 354 |
| Release | : 2021-04-20 |
| Genre | : Law |
| ISBN | : 3030674665 |
This book is based upon a comparative public administration research project, initiated by the Hertie School of Governance (Germany) and the Bertelsmann Foundation (Germany) and supported by a network of researchers from many EU countries. It analyzes both the regimes and the practices of local fiscal regulation in 21 European countries. The book brings together key findings of this research project. The regulatory discussion is not limited to the prominent issue of fiscal rules but focuses on every component of regulation. Beyond this, the book covers affiliated topics such as the impact of regulation for local governments, evolution of regulation, administrative costs and crisis prevention. The various book chapters throughout provide a broad picture of local public finance regulation in theory and in practice, using different theoretical and national lenses for the analysis. Furthermore, the authors investigate the effects of budgetary constraints and higher-level regulatory efforts on local governments and on democracy and public services in every European country. This book fills a gap with respect to the lack of discussion on local government finance from an international, comparative perspective and, in particular, the regulation of local public finance. With its mix of authors, this book will be useful for practitioners as well as for scholars and for theory-driven research.
