Front Cover -- Governmental Financial Resilience: International Perspectives on How Local Governments Face Austerity -- Copyright Page -- Contents -- List of Contributo rs -- Chapter 1 Introduction: Governments and Crises -- Studying crises and austerity in the public sector -- An alternative...

Acknowledgements -- Preface / Jamie Peck -- Introduction / Mark Davidson and Kevin Ward -- Austerity and the spectacle: urban triage and post-political development in Detroit / L Owen Kirkpatrick and Chalem Bolton -- Austerity as the new normal : the fiscal politics of retrenchment in San Jose,...

Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to municipalities by their statutes, local public banks compensated for declining municipal-debt yields by charging higher rates to firms in Germany's locally segmented credit markets....

In diesem Gutachten wird die Finanzlage der Kommunen in NRW untersucht und systematische Unterschiede zwischen Kommunen mit und solchen ohne "Altschulden" herausgearbeitet. In einem zweiten Schritt wird untersucht, wie sich die aktuell erhöhte Inflation auf die wichtigsten Einzahlungen und...

The wage paid to politicians affects both the choice of citizens to run for an elective office and the performance of those who are appointed. First, if skilled individuals shy away from politics because of higher opportunities in the private sector, an increase in politicians’ pay may change...

This chapter explores the impact of fiscal rules on the indebtedness of municipalities in the Czech Republic and Slovakia from a comparative perspective. Our analysis focuses on the content of municipal fiscal rules, their impact on aggregate levels of local government debt in both countries and...