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State and Local Finances under Pressure (Hardcover, illustrated edition)
Loot Price: R3,882
Discovery Miles 38 820
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State and Local Finances under Pressure (Hardcover, illustrated edition)
Series: Studies in Fiscal Federalism and State-local Finance series
Expected to ship within 12 - 17 working days
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State and Local Finances under Pressure explores the future of
state and local government fiscal systems given the numerous
pressures they face from economic, legal, technological,
demographic and political forces. It explores how these multiple
forces play out in terms of the changes state and local governments
should and are likely to make. The contributors argue that state
and local governments must make substantial changes and that
failure to act is likely to result in adverse effects and
increasing pressures for modifications that are more difficult to
implement and more politically unpalatable. Without reform, state
and local fiscal systems will grow increasingly out of sync with
economic reality. The authors suggest that government responses are
likely to be evolutionary, but that in 25 years the recorded
changes will be substantial. The first chapter provides a historic
perspective of state and local fiscal trends. Each of the
subsequent chapters describes the nature of one of the pressures
state and local governments face including: political and legal
forces, globalization of business, demographic and technological
changes, deregulation of utilities, and urban sprawl. Policymakers,
economists, political scientists, fiscal policy analysts and public
administrators will find this comprehensive book of interest.
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