Do you think that there should be more state involvement

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Problem: Do you feel that the continuing problems of local government bankruptcy indicate a failure of Inman's proclamations (refer to his lessons in Transfers and Bailouts: Institutions for Enforcing Local Fiscal Discipline)? Explain. Do you think that there should be more state and / or Federal involvement in local government fiscal woes? Explain. How would they be involved and how could they ensure that local fiscal crisis is not a recurring problem (refer to Inman Transfers and Bailouts: Institutions for Enforcing Local Fiscal Discipline again)?

Reference no: EM133617127

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