Political crisis/fiscal crisis the collapse and revival of New York City by Martin Shefter

Cover of: Political crisis/fiscal crisis | Martin Shefter

Published by Columbia University Press in New York .

Written in English

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  • New York (State),
  • New York.


  • Finance, Public -- New York (State) -- New York.,
  • Default (Finance) -- New York (State) -- New York.

Edition Notes

Book details

StatementMartin Shefter.
SeriesThe Columbia history of urban life
LC ClassificationsHJ9289.N4 S54 1992
The Physical Object
Paginationxxx, 270 p. ;
Number of Pages270
ID Numbers
Open LibraryOL1557744M
ISBN 100231079427, 0231079435
LC Control Number91038495

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Shefter's book is a dispassionate account of the circumstances leading to and consequences resulting from New York City's fiscal crisis. His primary contention is that fiscal crises "occur with sufficient regularity" to be regarded as an "integral part of American urban politics /5.

Political Crisis/Fiscal Crisis: The Collapse and Revival of New York City (Columbia History of Urban Life (Hardcover)) Morningside Ed EditionCited by: Political crisis, fiscal crisis: the collapse and revival of New York City User Review - Not Available - Book Verdict A decade ago, New York City, unable to sell its bonds and meet its payroll and.

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Martin Shefter. Columbia University Press. Political crisis/fiscal crisis bookNew York City approached one of its periodic fiscal crises.

less than two decades after the fiscal crisis discussed in this book. The republication of Political Crisis/Fiscal Crisis by Columbia University Press provides a useful occasion for considering how the character and sources of the city's current financial difficulties compare to the events the book analyzes.

4/5. The Handbook of the Political Economy of Financial Crises uses a political economy theoretical framework to analyze the crisis. After an opening chapter that describes the dimensions of the current crisis, the next section provides relevant theoretical frameworks. Book Description.

Studies of the recent financial crisis have been largely dominated by economists, but the similarities and differences between European countries' response reflect both economic and political perspectives which have resulted in considerable differences in their decisions.

The Ecological Crisis is a Political Crisis. With each passing day, reports on global climate change become increasingly bleak. Recent research has affirmed that the glaciers are melting faster than anticipated 1, and that acidification, with its catastrophic effect on ocean ecosystems, is also proceeding faster than feared 2.

In Political Crisis/Fiscal Crisis Shefter does raise and discuss some searching issues, though his argument too is shaped by a wide-eyed faith in services and, as well, a misplaced reliance on categorical explanations.

After establishing its analytical foundation, with chapters on such topics as fiscal risk and debt dynamics, the book analyzes the buildup of fiscal vulnerabilities before the crisis, presents the policy response during the crisis, discusses the fiscal outlook and policy challenges ahead, and offers lessons learned from the crisis and its aftermath.

This is a political crisis. And Governor Walker has the power to resolve it by refocusing on fiscal issues, as opposed to pursuing the political goal of breaking state-employee and teacher unions. Political Crisis/Fiscal Crisis (The Columbia History of Urban Life Series) by Shefter, Martin Morningside edition () Paperback on *FREE* shipping on qualifying offers.

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How this crisis will take us all back to the s; As political leaders were quick to point out, the measure was designed to help individuals and businesses fighting for financial survival.

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Fiscal crises are characterized by a financial, economic, and technical dimension on the one hand and a political and social dimension on the other.

Financial Crises and Political Crises Roberto Chang. NBER Working Paper No. Issued in November NBER Program(s):International Finance and Macroeconomics, Political Economy This paper is an analysis of the simultaneous determination of financial default and political Cited by: Members are social scientists, social workers, clergy and journalists.

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Crisis management has become a defining feature of contemporary governance. In times of crisis, communities and members of organizations expect their leaders to minimize the impact of the crisis at hand, while critics and bureaucratic competitors try to seize Cited by: Legitimation crisis tendencies.

The political subsystem of the social world requires an input of mass loyalty in order to produce an output, which consists of legitimate administrative decisions that are executed by the state. A rationality crisis is an output crisis that occurs when the state fails to meet the demands of the economy.

workshop with OECD on interagency crisis management, and wishes to thank Dr. Nicolas Mueller and Dr. Christoph Doktor from its Federal Crisis Management & Strategic Leadership Training Center.

This research was also made possible thanks to the financial support of the governments of France, Korea, Norway, Sweden and the United States. Political crisis/fiscal crisis: the collapse and revival of New York City.

[Martin Shefter] which examines the factors that caused New York City's financial crisis in and demonstrates how its political alliances and systems continue to undermine the city's Basic Books, © With new pref.

Description: xxx, pages ; 24 cm. The financial crisis impacted growth through the fast decline in global demand for Thai exports, and political unrest added to the impact on domestic consumer confidence and internal demand.

Macro-level effects were transmitted to people and communities mainly through a fall in demand for labor, which lowered wages and incomes. The Politics of Crisis Management” by Arjen Boin, Paul ‘t Hart, Eric Stern, and Bengt Sundelius.

(2nd edition); Cambridge University Press. Reviewed by Greg Jones. This is the second edition of this book, produced by a multinational scholarly team. The authors note openly in their introduction that a lot has occurred since the first.

The national fiscal responses to the economic crisis of / varied considerably. Some countries reacted with a strong demand stimulus, others intended to slash public expenditures, while a Author: Klaus Armingeon.

This fiscal crisis was rooted in global economic changes (a worldwide recession and oil shortages); federal, state, and city fiscal and tax policies that failed to generate the resources needed to support growing demands for services; and demographic and political changes in New York City that left the city with less wealth and more need.6 Cited by:   A fresh political crisis has arisen following the surprise resignation of Giuseppe Conte, a little-known law professor who had been selected by the party that won the largest share of the vote.

The Global Financial Crisis (GFC) and subsequent European Debt Crisis had wide-sweeping consequences for global economic and political stability.

Yet while these twin crises have prompted soul searching within the economics profession, international political economy (IPE) has been relatively ineffective in accounting for variation in crisis exposure across the developed : Alison Johnston. Without the actions of the G, what started as a financial crisis would have quickly become a trade crisis, then an economic crisis, then an employment crisis, then a social crisis.

this book is part of a wider initiative to monitor the effects of the crisis on health systems and health, to identify those policies most likely to sustain the performance of health systems facing fiscal pressure and to gain insight into the political economy of.

The Malta political crisis was a political and institutional crisis within the Republic of Malta following the uncovering of alleged links between government officials and the assassination of investigative journalist Daphne Caruana Galizia.

The Prime Minister's Chief of Staff Keith Schembri and Minister for Tourism Konrad Mizzi resigned following the arrest of businessman Yorgen. The Greek debt crisis is the dangerous amount of sovereign debt Greece owed the European Union between and InGreece said it might default on its debt, threatening the viability of the eurozone itself.

To avoid default, the EU loaned Greece enough to continue making payments. Since the debt crisis began inthe various.

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Any moves toward a fiscal union among the eurozone countries as a solution to the region’s ongoing debt crisis will only create an even worse political crisis, a. George Papaconstantinou was the point man in the Greek economic and financial crisis.

When he became Finance Minister in Octoberhe uncovered the true extent of Greece’s fiscal troubles, went on to participate in all the European discussions and efforts to create a support mechanism for Greece, and negotiated the billion Euro loan agreement with the EU and the IMF, together with /5(23).

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