This 1987 report focuses on the implications for tax structure and local government revenues and expenditures of the region's changed economic development map. The study analyzes the variations in sources of revenues, expenditure patterns, tax effort, and tax capacity among the municipalities in the eight counties of the Philadelphia Primary Metropolitan Statistical Area.
Urban and Regional Policy and Its Effects, the third in a series, sets out to inform policymakers, practitioners, and scholars about the effectiveness of select policy approaches, reforms, and experiments in addressing key social and economic problems facing cities, suburbs, and metropolitan areas. The chapters analyze responses to five key policy challenges that most metropolitan areas and local communities face: • Creating quality neighborhoods for families • Governing effectively • Building human capital • Growing the middle class • Enlarging a competitive economy through industry-based strategies • Managing the spatial pattern of metropolitan growth and development Each chapter discusses a specific topic under one of these challenges. The authors present the essence of what is known, as well as its likely applications, and identify the knowledge gaps that need to be filled for the successful formulation and implementation of urban and regional policy.
State and local government fiscal systems have increasingly become vulnerable to economic changes. Over the past three decades, state and local deficits during economic recession have been larger and deeper each time. The impact of the Great Recession and its aftermath of feeble growth and lingering high unemployment has been dramatic both in scope and intensity. Before the crisis, long-term structural deficits were persistent for both individual governments and the entire sector as spending plans and patterns outpaced governments' revenue-generating capacity. The revenue systems of these governments eroded while the workloads and scope on the expenditure side of the state and local system budget continued to grow. This handbook evaluates the persistent problems in the fiscal systems of state and local governments and what can be done to solve them. It contains 35 chapters authored by 60 practitioners and academics who are renowned scholars in state and local finance. Each chapter provides a description of the discipline area, examines major developments in policy, practices and research, and opines on future prospects. The chapters are divided into four sections. Section I is a systematic discussion of the institutional, economic, and political framework that provides a background for understanding the structure and financial performance of the state and local sector. The chapters in Section II provide an overview of the various components of state and local revenue systems and how they reacted to the Great Recession. They analyze the diverse forms of taxes and charges in detail, prescribe remedies and alternatives, and examine the implications for future revenue performance. Chapters in Section III turn to spending, borrowing and financial management in the state and local sector. The focus is on the big six service delivery sectors: education, health care, human services, transportation, pensions, and housing. Section IV is a set of chapters that look ahead and speculate about how the state and local government sector's money-raising, spending, and service delivery structures will adjust to the new circumstances.
This report will be of interest to transportation economists and other analysts to assist them in selecting methods to conduct economic impact analyses of transit investments. Although the primary goal of public transportation investments is to improve mobility, economic benefits are also important to transit investment decisions. Consequently, it is important that reliable and defensible analytic methods are used to support decisionmaking.
Contesting claims that postwar American liberalism retreated from fights against unemployment and economic inequality, The Problem of Jobs reveals that such efforts did not collapse after the New Deal but instead began to flourish at the local, rather than the national, level. With a focus on Philadelphia, this volume illuminates the central role of these local political and policy struggles in shaping the fortunes of city and citizen alike. In the process, it tells the remarkable story of how Philadelphia’s policymakers and community activists energetically worked to challenge deindustrialization through an innovative series of job retention initiatives, training programs, inner-city business development projects, and early affirmative action programs. Without ignoring the failure of Philadelphians to combat institutionalized racism, Guian McKee's account of their surprising success draws a portrait of American liberalism that evinces a potency not usually associated with the postwar era. Ultimately interpreting economic decline as an arena for intervention rather than a historical inevitability, The Problem of Jobs serves as a timely reminder of policy’s potential to combat injustice.
The fourth report of the Temple-Penn Philadelphia Economic Monitoring Project continues the work of the Wharton Philadelphia Economic Monitoring Project, which began in 1984. This volume examines the manufacturing and service industries that have experienced employment growth in the region. Through detailed analysis of changes in the quantity, quality, and location of employment for specific industries in manufacturing, in producer services, in health care services, and in research and development activities, the authors explain why industries grew and asses their potential for further expansion.
An account of the later years of Tsarism. Witte presents portraits of the statesmen around him, explains the problem of bringing the economy to a level commensurate with Russia's putative position as the greatest land power in the world and the effort to create a constitutional monarchy.
This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
In this completely revised second edition, the authors explore what can be learned from a rigorous comparison of the patterns of urban concentrations of residents and employment in Western Europe and the United States. Using a wide range of methodological techniques, including economic theory, econometrics, regional science, and institutional historical analysis, the essays analyze the factors underlying urban economic development, with particular emphasis on the role and effectiveness of public policy.
