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Crisis in the Making

The Political Economy of New York State since 1945
Buch | Hardcover
544 Seiten
1981
Cambridge University Press (Verlag)
978-0-521-23807-6 (ISBN)
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This book examines in detail the fiscal and more general economic crisis of New York State and City. The authors show that the crisis was as much the fruit of political manoeuvering as it was the outcome of long-term economic trends and fiscal ineptitude. The book examines the roots of fiscal excesses and economic retardation and explores the interaction of fiscal and economic factors that ultimately imperiled the credit rating of the Empire State and the city that remains the financial capital of the United States. In uncovering the causes of these problems, McClelland and Magdovitz present both an analysis of the past and a warning for the future. The implications reach well beyond the borders of New York. The major causes of economic retardation first emerged in the period immediately following World War II, and show no signs of improving significantly in the immediate future.

1. Introduction; 2. Economic structure and economic problems: the setting; 3. The causes of New York retardation; 4. Fiscal structure and fiscal problems; 5. The political economy of the governors; 6. Public authorities in New York State: the evolution of bureaucratic giants; 7. Of feeble checks and balances; 8. A city turned wastrel; 9. Conclusion.

Erscheint lt. Verlag 30.4.1981
Reihe/Serie Studies in Economic History and Policy: USA in the Twentieth Century
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Maße 152 x 228 mm
Gewicht 905 g
Themenwelt Wirtschaft Volkswirtschaftslehre Mikroökonomie
ISBN-10 0-521-23807-2 / 0521238072
ISBN-13 978-0-521-23807-6 / 9780521238076
Zustand Neuware
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