{"product_id":"public-pensions-and-city-solvency-hardback-9780812248265","title":"Public Pensions and City Solvency (Hardback) 9780812248265","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003ePublic Pensions and City Solvency\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eSusan M. Wachter (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780812248265\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 3 February 2016\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e120 pages, 6 illus.\u003cbr\u003e21.6 x 14 x 1.5 cm, 0.666 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"Cities and states in America are facing fiscal stress in historic proportions. . . . This book will help the public to elect officials who deal with these issues responsibly so that our grandchildren are not burdened with the obligation to pay for the benefits our generation has been so fortunate to have enjoyed.\" (Richard Ravitch, from the Foreword)\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eUnderfunded pension liabilities threaten the fiscal stability of many cities. While Detroit's bankruptcy has dominated the headlines, the problem is widespread. With ongoing battles in many localities, policymakers are increasingly turning their attention to the legacy issues surrounding the funding of pensions. \u003ci\u003ePublic Pensions and City Solvency \u003c\/i\u003eaddresses this complex fiscal challenge and presents strategies to achieve financial sustainability.\u003cbr\u003e Writing in a direct, readable style for a professional as well as an academic audience, expert contributors provide incisive analyses and practical approaches to navigating the fiscal morass in which many cities find themselves. Richard Ravitch, former lieutenant governor of New York, writes the Foreword and Robert P. Inman and Susan M. Wachter provide the Conclusion. The book's three chapters examine the issue from different key perspectives: Joshua D. Rauh, a leading scholar in the study of unfunded pension liabilities, provides an economist's perspective; Amy B. Monahan, a renowned authority in public employee benefits law, illuminates the legal framework; and D. Roderick Kiewiet and Mathew D. McCubbins, visionary political scientists, put the crisis and its economic and legal implications into context and lay out the necessary framework for reform.\u003cbr\u003e The problems that arise from underfunded public pensions are only going to escalate. \u003ci\u003ePublic Pensions and City Solvency\u003c\/i\u003e is a unique resource for decision-makers, policy-makers, and researchers and a timely addition to the evolving debate over what constitutes sustainable solutions.\u003cbr\u003e \u003cb\u003eContributors:\u003c\/b\u003e Robert P. Inman, D. Roderick Kiewiet, Mathew D. McCubbins, Amy B. Monahan, Joshua D. Rauh, Richard Ravitch, Susan M. Wachter.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword\u003cbr\u003e -Richard Ravitch\u003cbr\u003e Chapter 1. Why City Pension Problems Have Not Improved, and a Roadmap Forward\u003cbr\u003e -Joshua D. Rauh\u003cbr\u003e Chapter 2. The Law and Politics of Municipal Pensions\u003cbr\u003e -Amy B. Monahan\u003cbr\u003e Chapter 3. Erosion of the Foundation of Municipal Finance\u003cbr\u003e -D. Roderick Kiewiet and Mathew D. McCubbins\u003cbr\u003e Conclusion. A Call for Transparency\u003cbr\u003e -Robert Inman and Susan M. Wachter\u003cbr\u003e Notes\u003cbr\u003e List of Contributors\u003cbr\u003e References\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003c\/font\u003e","brand":"University of Pennsylvania Press","offers":[{"title":"Brand New","offer_id":52559188263192,"sku":"9780812248265","price":22.26,"currency_code":"GBP","in_stock":true}],"url":"https:\/\/freshlyprintedbooks.co.uk\/products\/public-pensions-and-city-solvency-hardback-9780812248265","provider":"Freshly Printed Books","version":"1.0","type":"link"}