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Author: United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on the District of Columbia
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 88
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Book Description
Author: United States. Congress. House. Committee on Government Reform and Oversight. Subcommittee on the District of Columbia
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 88
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Book Description
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 56
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Book Description
Author: Peter Conti-Brown
Publisher: Cambridge University Press
ISBN: 1107023173
Category : Business & Economics
Languages : en
Pages : 341
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Book Description
When States Go Broke discusses the ongoing fiscal crisis among the American states.
Author:
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 56
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Book Description
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on District of Columbia Appropriations
Publisher:
ISBN:
Category : Washington (D.C.)
Languages : en
Pages : 976
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Book Description
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on District of Columbia Appropriations
Publisher:
ISBN:
Category : Washington (D.C.)
Languages : en
Pages : 1172
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Book Description
Author: Otaviano Canuto
Publisher: World Bank Publications
ISBN: 0821397672
Category : Business & Economics
Languages : en
Pages : 654
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Book Description
With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Rapid urbanization in developing countries requires large-scale infrastructure financing to help absorb influxes of rural populations. Borrowing enables state and local governments to capture the benefits of major capital investments immediately and to finance infrastructure more equitably across multiple generations of service users. With debt comes the risk of insolvency. Subnational debt crises have reoccurred in both developed and developing countries. Restructuring debt and ensuring its sustainability confront moral hazard and fiscal incentives in a multilevel government system; individual subnational governments might free-ride common resources, and public officials at all levels might shift the cost of excessive borrowing to future generations. This book brings together the reform experiences of emerging economies and developed countries. Written by leading practitioners and experts in public finance in the context of multilevel government systems, the book examines the interaction of markets, regulators, subnational borrowers, creditors, national governments, taxpayers, ex-ante rules, and ex-post insolvency systems in the quest for subnational fiscal discipline. Such a quest is intertwined with a country s historical, political, and economic context. The formal legal framework interacts with political reality to influence the dynamics of and incentives for reform. Often, the resolution of a subnational debt crisis unfolds in the context of macroeconomic stabilization and structural reforms. The book includes reforms that have not been covered by previous literature, such as those of China, Colombia, France, Hungary, Mexico, and South Africa. The book also presents a comprehensive review of how the United States developed its debt market for state and local governments, through a series of reforms that are path dependent, including the reforms and lessons learned following state defaults in the 1840s and the debates that shaped the enactment of Chapter 9 of the Bankruptcy Code in 1937. Looking forward, pressures on subnational finance are likely to continue from the fragility of global recovery, the potentially higher cost of capital, refinancing risks, and sovereign risks. This book is essential reading for anyone wanting to know the challenges and reform options in debt restructuring, insolvency frameworks, and public debt market development.
Author: Michael K. Fauntroy
Publisher: University Press of America
ISBN: 9780761827146
Category : Political Science
Languages : en
Pages : 258
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Book Description
Article I, Section 8, Clause 17 of the Constitution of the United States grants Congress complete authority over the seat of government, the District of Columbia. This clause creates an infirmity that renders the residents of the District without the same measure of democracy enjoyed by Americans in the states. Various remedies have been attempted, none of which put the residents of the District on par with their fellow Americans. This book presents a political analysis of the relationship between Congress and the local government of Washington, D.C. It examines the influence of suburban members of Congress on District affairs, the fiscal crisis of the 1980s and 1990s, governmental inefficiency, and the Control Board.
Author: United States. Congress. House. Committee on Government Reform and Oversight
Publisher:
ISBN:
Category :
Languages : en
Pages : 508
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Book Description
Author: University of Chicago Law Review
Publisher: Quid Pro Books
ISBN: 161027945X
Category : Law
Languages : en
Pages : 804
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Book Description
A leading law review now offers a quality eBook edition. This first issue of 2012 features articles and essays from internationally recognized legal and education scholars, including an extensive Symposium on understanding education and law in the United States. Topics include economic structures in education, teaching patriotism, charter and Catholic schools, Amish one-room schools, minority students, empirical work on religious schools, federalism, equal opportunity, and higher-education accreditation. In addition, the issue includes articles by Clayton Gillette on municipal bankruptcy and federalism, and Steven Horowitz on copyright law's asymetry, as well as a comment on wartime waivers. The issue serves, in effect, as an extensive book on cutting-edge issues of educational law and policy in the United States by renowned researchers in the field. It is presented in modern ebook formatting and features active Tables of Contents; linked footnotes and URLs; linked cross-references; and legible graphs.
