by rpafdaccess | Sep 27, 2024
Author: Thom REILLY, Laura COORDES, David SCHLINKERT, Erin REINISCH This paper builds on the literature examining the circumstances surrounding municipal fiscal distress by constructing a broader picture of the factors related to distress and why some cities file for...
by rpafdaccess | Sep 27, 2024
Author: Shuai GUO, Rebecca PARRY, Eugenio VACCARI Local governments have played a pivotal role in China’s rapid economic growth, yet they have simultaneously faced unique financial pressures. The demands on local governments have increased significantly due to...
by rpafdaccess | Sep 27, 2024
Author: David SCHLEICHER In a Bad State provides the first comprehensive historical and theoretical analysis of how the federal government has addressed subnational debt crises. Tracing the long history of state and local borrowing, David Schleicher argues that...
