In an era of federal deficits and struggling municipalities,
states have emerged as the most significant governmental actors.
But state governments face the major challenge of fiscal planning
in the midst of economic change. Roy Bahl and William Duncombe
tackle this challenge head-on. Using New York as a case study, they
identify looming dangers for state revenue and expenditure
planning.
Bahl and Duncombe begin with the premise that one cannot
separate an evaluation of fiscal performance from an evaluation of
economic performance. Accordingly, they describe and analyze the
patterns of population, employment, and personal income growth.
Following this is a study of state and local government finances in
New York since 1970 and a recounting of the fiscal adjustments that
were taken in the face of slower and then faster growth in the
economy.
The authors conclude that based on current conditions, the
state and its local governments are in for fiscal belt-tightening.
They note that the state should take a comprehensive view in
planning the development and retrenchment of its government sector.
The book is thought-provoking, exhaustively researched, and
sensibly written. Its lessons are applicable everywhere and should
be read by all those seeking a route through the tangled thicket of
government policy for economic growth.
General
Imprint: |
AldineTransaction
|
Country of origin: |
United States |
Release date: |
September 2012 |
First published: |
2013 |
Authors: |
William Duncombe
|
Dimensions: |
229 x 152 x 18mm (L x W x T) |
Format: |
Paperback
|
Pages: |
355 |
ISBN-13: |
978-1-4128-4839-8 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-4128-4839-3 |
Barcode: |
9781412848398 |
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