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A declining population and city revenues meant that Detroit’s bankruptcy could not have been avoided

McDonald, John F. (2014) A declining population and city revenues meant that Detroit’s bankruptcy could not have been avoided. LSE American Politics and Policy (05 Feb 2014). Website.

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Abstract

Last July, the city of Detroit filed for bankruptcy, the largest municipality to do so in U.S. history. But was this action avoidable? With this in mind, John F. McDonald takes an in-depth look at the city’s history. He argues that the seeds of Detroit’s problems can be traced back to the 1950s, and the subsequent slow decline of the automotive industry, the city’s population, employment and revenues, together with rising public liabilities, made bankruptcy all but inevitable.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2014 The Author; Online
Divisions: LSE
Subjects: E History America > E11 America (General)
H Social Sciences > H Social Sciences (General)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 07 Aug 2014 08:27
Last Modified: 15 Oct 2019 23:21
URI: http://eprints.lse.ac.uk/id/eprint/58714

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