Crisis And Constraint In Municipal Finance

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Crisis and Constraint in Municipal Finance

Author : James H. Carr
Publisher : Routledge
Page : 460 pages
File Size : 48,7 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015006803228

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Crisis and Constraint in Municipal Finance by James H. Carr Pdf

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.

Public Finance Administration

Author : B. J. Reed,John W. Swain
Publisher : SAGE Publications
Page : 391 pages
File Size : 43,6 Mb
Release : 1996-12-19
Category : Business & Economics
ISBN : 9781452215372

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Public Finance Administration by B. J. Reed,John W. Swain Pdf

A unique, clearly written, and logically organized volume, Public Finance Administration, Second Edition provides a comprehensive focus on the management of public funds. Ideal for the nonexpert with a public administration background, this easy-to-read new edition is updated in content and examples. Authors B. J. Reed and John W. Swain begin with a broad introduction to public finance administration, including its relationship to public budgeting, the practice of public sector accounting, and the economic concepts of money and value. Next, they cover revenues and expenditures, including how they are administered and the importance of forecasting and cost analysis. Later chapters deal with such technical areas as managing cash flow, investment, debts, risk, purchasing, capital budgets, and the financial components of human resource management. The volume includes a look at the evaluative side of public finance such as auditing, assessing financial conditions, and the emerging use of development finance. In addition, the authors point to relevant web sites on the Internet for more information on public finance administration. Filling a need for courses in public finance administration, this volume provides a public administration based approach to the subject with a highly practical orientation.

Handbook of Local Government Fiscal Health

Author : Helisse Levine,Jonathan B. Justice,Eric Anthony Scorsone
Publisher : Jones & Bartlett Publishers
Page : 574 pages
File Size : 45,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9780763792305

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Handbook of Local Government Fiscal Health by Helisse Levine,Jonathan B. Justice,Eric Anthony Scorsone Pdf

Fiscal health of local governments and municipalities has remained an important issue since the crises of the 1970s in places like New York, Philadelphia and Cleveland. More recently, the bankruptcy of Orange County California raised the possibility of a different type of financial failure than earlier ones. The beginning of the 21st century has witnessed two major economic bubbles including the dotcom and housing bubbles. These economic cycles combined with increasing health care, pension and other structural costs continue to challenge the fiscal viability of many jurisdictions. In particular, the economic and financial crisis of 2007-2008 is likely to result in potentially serious fiscal challenges for local jurisdictions.

Local Public Finance

Author : René Geissler,Gerhard Hammerschmid,Christian Raffer
Publisher : Springer Nature
Page : 354 pages
File Size : 54,5 Mb
Release : 2021-04-20
Category : Law
ISBN : 9783030674663

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Local Public Finance by René Geissler,Gerhard Hammerschmid,Christian Raffer Pdf

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.

Sovereign Debt and the Financial Crisis

Author : Carlos A. Primo Braga,Gallina A. Vincelette
Publisher : World Bank Publications
Page : 524 pages
File Size : 46,6 Mb
Release : 2010-11-16
Category : Business & Economics
ISBN : 0821385437

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Sovereign Debt and the Financial Crisis by Carlos A. Primo Braga,Gallina A. Vincelette Pdf

The book presents and discusses policy-relevant research on the current debt challenges which developing, emerging market and developed countries face. Its value added lies in the integrated approach of drawing on theoretical research and evidence from practitioners' experience in developing and emerging market countries.

Municipal Infrastructure Financing

Author : Munawwar Alam
Publisher : Commonwealth Secretariat
Page : 164 pages
File Size : 55,7 Mb
Release : 2010
Category : Business & Economics
ISBN : 1849290032

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Municipal Infrastructure Financing by Munawwar Alam Pdf

Presents an overview of the municipal finances and the extent of private sector involvement in the delivery of municipal services in selected Commonwealth developing countries. This title examines four cities: Dar es Salaam in Tanzania, Kampala in Uganda, Dhaka in Bangladesh, and Karachi in Pakistan.

Public Investment, Growth and Fiscal Constraints

Author : Massimo Florio
Publisher : Edward Elgar Publishing
Page : 329 pages
File Size : 47,7 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 184980477X

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Public Investment, Growth and Fiscal Constraints by Massimo Florio Pdf

This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core research questions are the effect of public investment in the context of macroeconomic disequilibrium and how it is possible to finance capital accumulation in the present and future conditions of mounting public sector debt. The contributors reveal that there is now a convincing case for public investment as an essential driver of convergence and growth in Europe. However, a new international and inter-generational fiscal pact to frame a more optimistic view of the role of government is needed. This book explores how public investment matters for growth, how fiscal conditions may support investment, and the role EU regional policy can have in terms of structural change and investment needs. Public Investment, Growth and Fiscal Constraints provides new data analyses on the EU New Member States in Central and Eastern Europe making it an essential tool for academics, students and practitioners interested in public finance and European Economics. The structural and public finance issues in these former transition economies raised in this book will also strongly appeal to policymakers, officials and consultants. The book is based on an independent research project of the University of Milan, supported by the European Investment Bank.

Public Finance

Author : Marion B. Marshall
Publisher : Greenwood
Page : 304 pages
File Size : 51,5 Mb
Release : 1987
Category : Business & Economics
ISBN : UCSC:32106008070176

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Public Finance by Marion B. Marshall Pdf

Municipal Financing and Urban Development

Author : Mona Serageldin
Publisher : Unknown
Page : 172 pages
File Size : 47,8 Mb
Release : 2008
Category : Political Science
ISBN : STANFORD:36105132793592

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Municipal Financing and Urban Development by Mona Serageldin Pdf

Guide to Municipal Finance

Author : Naomi Enid Slack
Publisher : UN-HABITAT
Page : 90 pages
File Size : 49,8 Mb
Release : 2009
Category : Municipal finance
ISBN : 9789211321135

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Guide to Municipal Finance by Naomi Enid Slack Pdf

Research Handbook on City and Municipal Finance

Author : Craig L. Johnson,Tima M. Moldogaziev,Justin M. Ross
Publisher : Edward Elgar Publishing
Page : 519 pages
File Size : 54,7 Mb
Release : 2023-09-06
Category : Business & Economics
ISBN : 9781800372962

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Research Handbook on City and Municipal Finance by Craig L. Johnson,Tima M. Moldogaziev,Justin M. Ross Pdf

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.

Constitutional Engineering in Brazil

Author : Celina Souza
Publisher : Springer
Page : 225 pages
File Size : 50,9 Mb
Release : 2016-07-27
Category : Political Science
ISBN : 9781349256945

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Constitutional Engineering in Brazil by Celina Souza Pdf

The book investigates why a country facing issues that needed to be tackled nationwide chose to decentralize when it moved from authoritarianism to democracy. It discusses the events of the Brazilian constituent assembly and investigates the results of decentralization at the subnational sphere. The results suggest that there was a lack of social consensus on what was to be achieved by decentralization. They suggest that political and economic factors influence the outcomes of decentralization, thus exposing the limits of decentralization on policy results.

Contagion in Financial Markets

Author : Friedrich L. Sell
Publisher : Edward Elgar Publishing
Page : 248 pages
File Size : 40,8 Mb
Release : 2001-01-01
Category : Business & Economics
ISBN : 1781956251

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Contagion in Financial Markets by Friedrich L. Sell Pdf

This book aims to integrate the notions of contagion in epidemiology and contagion in financial market crises to discover why emerging markets are so susceptible to financial crises. The author first provides a brief introduction of the contagious spill-over of recent financial market crises and models the pattern of these crises. He finds that the contagion between crises in emerging markets, such as that of the crises in Russia and Brazil in 1998-1999, is explicable, despite the fact that at first sight they appear to have little in common. Finally, Friedrich Sell integrates these findings to outline a proposal for a 'new international financial architecture'.

Financial Crises Explanations, Types, and Implications

Author : Mr.Stijn Claessens,Mr.Ayhan Kose
Publisher : International Monetary Fund
Page : 66 pages
File Size : 50,8 Mb
Release : 2013-01-30
Category : Business & Economics
ISBN : 9781475561005

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Financial Crises Explanations, Types, and Implications by Mr.Stijn Claessens,Mr.Ayhan Kose Pdf

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

The European Debt Crisis

Author : Ali Ari
Publisher : Cambridge Scholars Publishing
Page : 295 pages
File Size : 55,6 Mb
Release : 2014-03-17
Category : Political Science
ISBN : 9781443857925

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The European Debt Crisis by Ali Ari Pdf

The recent global financial crisis is considered to be the most severe crisis which has led to a synchronised recession since the Great Depression in the 1930s. Europe is the most affected region in the world as a result of this crisis, and, as such, the sovereign debt crisis remains the most important issue in the Eurozone and threatens the future of the EU. This book provides answers, from both theoretical and empirical perspectives, to the following questions: What caused the global and European debt crises? What are the consequences of these crises? Why, despite the implementation of several policy measures, are these crises still affecting the world economy? What are the solutions to end the on-going crisis situation in the Eurozone? How can future crisis episodes in the world economy be prevented? Eleven quality papers from both academics and professionals are included in this volume, each of which provides a significant source, reference, and teaching supplement for researchers, policymakers and advanced graduate students. In addition, the papers collected here will also provide supplementary readings for advanced courses for graduate students in economics and European studies.