This article examines bulk sales of municipal property tax liens in the formerly industrial city of Waterbury, Connecticut, USA, in the 1990s, in order to explore the limits and contradictions of neoliberal local governance strategies. In the USA, cities and states create property tax liens by...

The experience of Olongapo City in managing economic distress due to the loss of its economic anchor, the Subic Bay Naval Base, offers a rich lesson in local governance on how critical it is to plan ahead. The risk of a severe downturn, primarily due to economic dependency, can be successfully...