by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Adrian COHEN Pretty much everyone (except maybe the drafters) struggles with Article Nine of the Uniform Commercial Code, the statute that covers the rules about security interests in personal property, fixtures and a few other secured...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Thom REILLY Why do some struggling cities file for bankruptcy while others, facing similar circumstances, do not? This Article builds on the literature examining the causes and consequences of municipal fiscal distress by exploring specific...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal merger, Tax
Author: Hikaru OGAWA, Taiki SUSA This paper shares the interests on the design of municipal borders with the latter and aims to provide further insight into the endogenous determination of municipal borders when countries face market integration in a global economy....
by rpafdaccess | Sep 27, 2024 | Common pool problem, Financial distress, Free-ride behaviours, Municipal merger
Author: Tsuyoshi GOTO, Sandra SEKGETLE, Takashi KURAMOTOT Employing South African data and Difference-In-Difference (DID) method, this paper investigates whether the free-ride behaviour was taken by municipalities which faced their mergers before the municipal...
by rpafdaccess | Sep 27, 2024 | Financial distress, Local government, Municipal merger
Author: Mkhululi NCUBE, Jabulile MONNAKGOTLA The majority of South African municipalities facing the challenges of unemployment, poverty and weak infrastructure are in rural areas. To fulfil their mandate, they depend significantly on financial transfers. This is...
by rpafdaccess | Sep 27, 2024 | Financial distress, Local government, Local statecraft
Author: Andy PIKE The UK government reduced expenditure and introduced local financial self-sufficiency in pursuing austerity after the 2008 crash, forcing local governments in England to find savings and new income sources to close funding gaps. As new financial...
