The threat of bankruptcy may be a new source of competitive advantage in post-recession urban politics

Davidson, Mark (2014) The threat of bankruptcy may be a new source of competitive advantage in post-recession urban politics. LSE American Politics and Policy (26 Mar 2014). Website.

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Abstract

While Detroit’s bankruptcy has received the most publicity, it was only one of many cities unable to pay their bills in the aftermath of the 2008 financial collapse. Mark Davidson explains how the landscape of urban politics has been redrawn in the wake of the Great Recession. He writes that the role of the state in municipal affairs has greatly expanded and that the threat of bankruptcy, once viewed as an exceptional measure, is now being used as gainful method of reducing public pension obligations and solving deficit problems.

Item Type:	Online resource (Website)
Official URL:	http://blogs.lse.ac.uk/usappblog/
Additional Information:	© 2014 The Author
Divisions:	LSE
Subjects:	H Social Sciences > HB Economic Theory
JEL classification:	G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets
Date Deposited:	08 Aug 2014 14:24
Last Modified:	13 Sep 2024 19:04
URI:	http://eprints.lse.ac.uk/id/eprint/58805

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