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Item Details
Title: THE MIAMI FISCAL CRISIS
CAN A POOR CITY REGAIN PROSPERITY?
By: Howard A. Frank, Milan J. Dluhy, Harvey A. Averch (Foreword)
Format: Hardback

List price: £58.00


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ISBN 10: 027596213X
ISBN 13: 9780275962135
Publisher: ABC-CLIO
Pub. date: 1 November, 2001
Pages: 192
Description: Drawing on cultural and ethnic factors, this is an analysis of Miami's fiscal insolvency since 1996. It describes what led to the financial crisis, the explanations for the crisis, and the reasons for a slow recovery. It also compares it with earlier crises in New York City and Philadelphia.
Synopsis: Drawing heavily on contributing cultural and ethnic factors, this book analyzes Miami's fiscal insolvency since 1996 and describes what led to the financial crisis, the explanations for the crisis, and the reasons for a slow recovery. Comparing Miami's insolvency with the earlier fiscal crises in Philadelphia, New York City, and Orange County, CA, the authors show the role of Miami's poor economic climate, the increasing ethnic influence, the emphasis on fiscal conservatism and a pay-as-you-go philosophy, the lack of standard and professional budgetary practices, and the corruption of several city officials. In conclusion, the authors consider Miami's outlook for the future. To fully understand Miami's original crisis and the extremely slow financial recovery, the authors believe it is necessary to explore how the dominant culture contributed to the city's financial problems. The authors show that structural features of the local government are less important than broader cultural and ethnic attitudes and practices.
Illustrations: bibliog , index
Publication: US
Imprint: Praeger Publishers Inc
Returns: Non-returnable
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