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Detroit’s bankruptcy settlement will not solve the city’s problems

Sands, Gary, Reese, Laura A. and Skidmore, Mark (2014) Detroit’s bankruptcy settlement will not solve the city’s problems. LSE American Politics and Policy (10 Mar 2014). Website.

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Abstract

In December, a federal judge ruled that the city of Detroit’s bankruptcy proceedings could continue, and it is now likely to take years for the city to settle its creditors’ claims. Gary Sands, Laura A. Reese, and Mark Skidmore look at Detroit’s recent history which has been characterized by deindustrialization and depopulation, and public mismanagement and corruption. They argue that even after the city’s bankruptcy is concluded, Detroit’s underlying fundamental structural weaknesses mean that its problems are unlikely to go away.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2014 The Author
Divisions: LSE
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HJ Public Finance
Date Deposited: 08 Aug 2014 09:08
Last Modified: 11 Dec 2024 13:42
URI: http://eprints.lse.ac.uk/id/eprint/58774

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