State and Local Financial Instruments: Policy Changes and Management: Second Edition (Studies in Fiscal Federalism and State-local Finance series) - Hardcover

Johnson, Craig L.; Luby, Martin J.; Moldogaziev, Tima T.

 
9781800370920: State and Local Financial Instruments: Policy Changes and Management: Second Edition (Studies in Fiscal Federalism and State-local Finance series)
Hardcover
ISBN 10: 180037092X ISBN 13: 9781800370920
Publisher: Edward Elgar Publishing Ltd, 2021

Synopsis

The ability of a nation to finance its basic infrastructure is essential to its economic well-being in the 21st century. This second edition of State and Local Financial Instruments covers the municipal securities market in the United States from the perspective of its primary capital financing role in a fiscal federalist system, where subnational governments are responsible for financing the nation’s essential physical infrastructure.



Using the latest financial research, the authors use data-driven analysis to inform current public policy debates regarding the future of subnational government debt finance. The theories, research and practical examples in the book illustrate the policies and practices that helped governments navigate through the COVID-19 pandemic, the Financial Crisis and Great Recession, and that contributed to government shipwrecks. The book is designed to help officials make good, sound fiscal choices in a fast changing, complex financial world entwined in a network of intermediaries, and within the constraints imposed by fiscal rules and institutions.



This updated edition will be of interest to academics, students and researchers interested in economics, finance, international studies and public administration and policy. It is also an excellent reference tool for government officials, public policymakers and professionals working in finance.

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About the Author

Craig L. Johnson, Associate Professor of Public Finance and Policy Analysis, Paul H. O'Neill School of Public and Environmental Affairs, Indiana University, Bloomington, Martin J. Luby, Ph.D., Lyndon B. Johnson School of Public Affairs, University of Texas at Austin and Tima T. Moldogaziev, O’Neill School of Public and Environmental Affairs, Indiana University, US

"About this title" may belong to another edition of this title.

Publisher
Edward Elgar Publishing Ltd
Publication date
2021
Language
English
ISBN 10 
180037092X
ISBN 13 
9781800370920
Binding
Hardcover
Edition number
2
Number of pages
320