When States Go Broke The Origins, Context, and Solutions for the American States in Fiscal Crisis

When States Go Broke collects insights and analysis from leading academics and practitioners that discuss the ongoing fiscal crisis among the American states. No one disagrees with the idea that the states face enormous political and fiscal challenges. There is, however, little consensus on how to fix the perennial problems associated with these challenges. This volume fills an important gap in the dialogue by offering an academic analysis of the many issues broached by these debates. Leading scholars in bankruptcy, constitutional law, labor law, history, political science and economics have individually contributed their assessments of the origins, context and potential solutions for the states in crisis. It presents readers – academics, policy makers and concerned citizens alike – with the resources to begin and continue that important, solution-oriented conversation.

• Features contributions from leading scholars in several disciplines

• Contains a full debate on the advantages and disadvantages of a state bankruptcy regime

• It presents readers – academics, policy makers and concerned citizens alike – with the resources to begin and continue that important, solution-oriented conversation