The delivery of clean drinking water and the treatment of wastewater are critical public
services, and in the United States, they are provided by a complex system of federal, state …

Green bonds are a new financial tool that has developed rapidly in the context of climate
change risks. Their proceeds are used to finance only environmentally friendly projects. This …

Purpose The purpose of this article is to challenge the balanced budget practices of US state
governments and offer alternatives that may lead to better fiscal, economic and policy …

The literature on tax and expenditure limitations (TELs) is extensive and continues to grow
as the impact of these institutional constraints on fiscal and economic outcomes continues to …

" This book theorizes that information is a critical factor for subnational government (SNG)
capital market formation and development. It empirically tests the stated relationship …

Local government services are increasingly being provided in fragmented polycentric
systems where the overlapping jurisdictions draw resources from the same fiscal base …

Local governments consider a wide range of policies to increase resilience in the face of
myriad risks and employ a variety of tactics to communicate about these policies to external …

Private placements continue to be issued in the municipal debt market and remain a topic of
interest for municipalities, investors, and regulators. Private placements are often sold …

In local government, debt is a key factor determining long-term solvency, stability and the
level of fiscal strain. The indebtedness of this sector may affect the quality of life and private …

This study explores the effects of state‐imposed local tax and expenditure limits or TELs on
the budgetary solvency of city governments in the US. Most local TELs were enacted in the …