Pushing austerity: state failure, municipal bankruptcy and the crises of fiscal federalism in the USA
TLDR
In this article, the authors examine the means by which the Wall Street crisis of 2008 has been translated into a state crisis, especially for the state at the subnational and urban scales.Abstract:
By way of a critical exploration of austerity politics in the USA, the paper examines the means by which the Wall Street crisis of 2008 has been translated into a state crisis, especially for the state at the subnational and urban scales. It examines the strategies, rationales and tactics adopted by advocates of austerity measures, which amount to a sustained effort to socialize, rescale and ‘dump’ the costs of the economic crisis. These manoeuvres are transforming the operating environment for state and local government in the USA, and they are remaking the terrains of urban politics at the same time.read more
Citations
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Journal ArticleDOI
The Idea of Austerity in British Politics, 2003–2013:
TL;DR: The authors used a dataset of 1843 think tank publications containing 37 million words to examine the idea of austerity in British politics between 2003 and 2013, concluding that moments of crisis can lead to the reformulation of ideas.
Journal ArticleDOI
Economy Doesn’t Buy Community Wellbeing: a Study of Factors Shaping Community Wellbeing in South Korea
Seung Jong Lee,Yunji Kim +1 more
TL;DR: This article conducted a survey of community wellbeing and its factors in South Korea in 2013 and found that natural resources, local administration, and social capital are the most important factors for the overall quality of life in cities.
Dissertation
Appalachia's new region-wide CDFI : building local community with global capital?
TL;DR: The Appalachian Regional Commission is currently working with a major foundation on the development of a new regional Community Development Financial Institution (CDFI), Appalachian Community Capital as discussed by the authors, which will connect Appalachia's small businesses to large external investors.
Book ChapterDOI
Italian Public Administration Reform: What are the Limits of Financial Performance Measures?
Paolo Ricci,Renato Civitillo +1 more
TL;DR: Esposito and Ricci as mentioned in this paper argue that financial performance should not be the ultimate objective of public management but instead an instrument to evaluate the financial comparability of various priorities to purse (public value, social, environmental, etc.).
Journal ArticleDOI
“It’s just a Trojan horse for gentrification”: austerity and stadium-led regeneration
Mark Panton,Geoff Walters +1 more
TL;DR: In this article, the authors present case study research of the stadium-led regeneration project involving Tottenham Hotspur FC and the London Borough of Haringey, focusing on the community perceptions of urban regeneration.
References
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Book
Capitalism and Freedom
TL;DR: In the classic bestseller, Capitalism and Freedom, Friedman presents his view of the proper role of competitive capitalism as both a device for achieving economic freedom and a necessary condition for political freedom as mentioned in this paper.
Journal ArticleDOI
An Essay on Fiscal Federalism
TL;DR: In the United Kingdom, both Scot- land and Wales have opted under the Blair government for their own regional parliaments and in Italy the movement toward decentralization has gone so far as to encompass a serious proposal for the separation of the nation into two in-dependent countries as mentioned in this paper.
Book
Constructions of Neoliberal Reason
TL;DR: In this article, the Chicago School was used to relocate Neoliberalism and found the Chicago school 4. Between Gotham and the Gulf 5. Creative Liberties 6. Decoding Obamanomics
Journal ArticleDOI
Austerity urbanism: American cities under extreme economy
TL;DR: In this paper, the authors locate these developments in the context of mutating processes of neoliberal urbanism, commenting on some of its social and spatial consequences, and argue that these conditions are defining a new operational matrix for urban politics.