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When Government Fails: Orange County Bankruptcy: The Orange County Bankruptcy - Mark Baldassare
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Mark Baldassare:
When Government Fails: Orange County Bankruptcy: The Orange County Bankruptcy - Paperback

ISBN: 0520214862

[SR: 2933681], Taschenbuch, [EAN: 9780520214866], Univ of California Pr, Univ of California Pr, Book, [PU: Univ of California Pr], Univ of California Pr, When Government Fails When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in United States history to declare bankruptcy. Presenting an analysis of this momentous fiscal crisis, this title uncovers the many twists and turns from the dark days in December 1994 to the financial recovery of June 1996., "Orange County," writes Mark Baldassare, "is a place that is widely known but largely misunderstood." That's especially true of the bankruptcy proceedings the California county was forced to initiate in late 1994 after risky investments led to a $1.64 billion dollar loss. Baldassare's close analysis of the situation reveals that the crisis cannot, as popularly imagined, be blamed solely on the actions of unchecked financial management. Although the county treasurer's investment strategy was "an accident waiting to happen," Baldassare points to a two-decade trend of voter initiatives to simultaneously minimize tax increases and control the allocation of state tax funds, along with Orange County's political fragmentation, as contributing factors. He also points out that, contrary to its reputation as a stronghold of wealthy conservatives, the county is primarily made up of middle-class suburbanites of moderate political temperament. In other words, Orange County is a lot like the rest of America, and what happened there can happen again. Although When Government Fails, with its historical data, statistics, and surveys, isn't always a lively read, it's a useful one for anybody who is concerned about the future viability of government at the community level. --Ron Hogan, 58219011, Schulden & Defizite, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 58214011, Finanzwesen, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 58182011, Wirtschaftsgeschichte, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 65254011, USA, 65255011, 19. Jahrhundert, 65263011, 20. Jahrhundert, 65319011, 21. Jahrhundert, 65290011, Afroamerikanisch, 65294011, Bürgerkrieg, 65311011, Kolonialzeit, 65316011, Revolution & Gründung, 65196011, Amerika, 65140011, Geschichte, 54071011, Genres, 52044011, Fremdsprachige Bücher

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When Government Fails: Orange County Bankruptcy: The Orange County Bankruptcy - Mark Baldassare
book is out-of-stock
(*)
Mark Baldassare:
When Government Fails: Orange County Bankruptcy: The Orange County Bankruptcy - Paperback

ISBN: 0520214862

[SR: 2933681], Taschenbuch, [EAN: 9780520214866], Univ of California Pr, Univ of California Pr, Book, [PU: Univ of California Pr], Univ of California Pr, When Government Fails When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in United States history to declare bankruptcy. Presenting an analysis of this momentous fiscal crisis, this title uncovers the many twists and turns from the dark days in December 1994 to the financial recovery of June 1996., "Orange County," writes Mark Baldassare, "is a place that is widely known but largely misunderstood." That's especially true of the bankruptcy proceedings the California county was forced to initiate in late 1994 after risky investments led to a $1.64 billion dollar loss. Baldassare's close analysis of the situation reveals that the crisis cannot, as popularly imagined, be blamed solely on the actions of unchecked financial management. Although the county treasurer's investment strategy was "an accident waiting to happen," Baldassare points to a two-decade trend of voter initiatives to simultaneously minimize tax increases and control the allocation of state tax funds, along with Orange County's political fragmentation, as contributing factors. He also points out that, contrary to its reputation as a stronghold of wealthy conservatives, the county is primarily made up of middle-class suburbanites of moderate political temperament. In other words, Orange County is a lot like the rest of America, and what happened there can happen again. Although When Government Fails, with its historical data, statistics, and surveys, isn't always a lively read, it's a useful one for anybody who is concerned about the future viability of government at the community level. --Ron Hogan, 58219011, Schulden & Defizite, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 58214011, Finanzwesen, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 58182011, Wirtschaftsgeschichte, 58202011, Wirtschaftswissenschaften, 58173011, Business, Karriere & Geld, 54071011, Genres, 52044011, Fremdsprachige Bücher, 65254011, USA, 65255011, 19. Jahrhundert, 65263011, 20. Jahrhundert, 65319011, 21. Jahrhundert, 65290011, Afroamerikanisch, 65294011, Bürgerkrieg, 65311011, Kolonialzeit, 65316011, Revolution & Gründung, 65196011, Amerika, 65140011, Geschichte, 54071011, Genres, 52044011, Fremdsprachige Bücher

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When Government Fails
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ISBN: 9780520214866

ID: 17050805

When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in United States history to declare bankruptcy. In the first comprehensive analysis of this momentous fiscal crisis, Mark Baldassare uncovers the many twists and turns from the dark days in December 1994 to the financial recovery of June 1996. Utilizing a wealth of primary. When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in United States history to declare bankruptcy. In the first comprehensive analysis of this momentous fiscal crisis, Mark Baldassare uncovers the many twists and turns from the dark days in December 1994 to the financial recovery of June 1996. Utilizing a wealth of primary materials from the county government and Merrill Lynch, as well as interviews with key officials and players in this drama, Mark Baldassare untangles the causes of this $1.64 billion fiasco. He finds three factors critical to understanding the bankruptcy: one, the political fragmentation of the numerous local governments in the area; two, the fiscal conservatism underlying voters' feelings about their tax dollars; three, the financial austerity in state government and in meeting rising state expenditures. Baldassare finds that these forces help to explain how a county known for its affluence and conservative politics could have allowed its cities' school, water, transportation, and sanitation agencies to be held hostage to this failed investment pool. Meticulously examining the events that led up to the bankruptcy, the local officials' response to the fiscal emergency, and the road to fiscal recovery - as well as the governmental reforms engendered by the crisis - "When Government Fails" is a dramatic and instructive economic morality tale. Eminently readable, it underlines the dangers inherent in a freewheeling bull economy and the imperatives of local and state governments to protect fiscal assets. As Baldassare shows, Orange County need not - and should not - happen again. Books, History and Transport~~History~~History: Specific Events & Topics, When Government Fails~~Book~~9780520214866~~Mark Baldassare, , , , , , , , , ,, [PU: University of California Press]

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When Government Fails: the Orange County Bankruptcy - Baldassare, Mark
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Baldassare, Mark:
When Government Fails: the Orange County Bankruptcy - Paperback

1998, ISBN: 9780520214866

ID: 13125850819

Softcover, Gebraucht, guter Zustand, Book shows minor use. Cover and Binding have minimal wear, and the pages have only minimal creases. Free State Books. Never settle for less., [PU: University of California Press]

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When Government Fails - Mark Baldassare
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Mark Baldassare:
When Government Fails - Paperback

1998, ISBN: 9780520214866

ID: 774639

Softcover, Buch, [PU: University of California Press]

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Details of the book
When Government Fails: Orange County Bankruptcy

When Orange County, California, filed for Chapter 9 protection on December 6, 1994, it became the largest municipality in U.S. history to declare bankruptcy. In a comprehensive analysis of this fiscal crisis, the author uncovers the many twists and turns that led eventually to financial recovery in 1996--and how to prevent similar future situations. 86 tables.

Details of the book - When Government Fails: Orange County Bankruptcy


EAN (ISBN-13): 9780520214866
ISBN (ISBN-10): 0520214862
Paperback
Publishing year: 1998
Publisher: UNIV OF CALIFORNIA PR
320 Pages
Weight: 0,449 kg
Language: eng/Englisch

Book in our database since 11.07.2007 20:18:58
Book found last time on 14.01.2017 17:07:10
ISBN/EAN: 0520214862

ISBN - alternate spelling:
0-520-21486-2, 978-0-520-21486-6


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