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Metropolitan Resilience in a Time of Economic Turmoil

Michael A. Pagano

Publication Year: 2013

Cities, counties, school districts and other local governments have suffered a long-lasting period of fiscal challenges since the beginning of the Great Recession in 2007. Metropolitan governments continue to adjust to the "new normal" of sharply lower property values, consumer sales, and personal income. Contributors to this volume include elected officials, academics, key people in city administrations, and other nationally recognized experts who discuss solutions to the urban problems created by the Great Recession. Metropolitan Resilience in a Time of Economic Turmoil looks at the capacity of local governments to mobilize resources efficiently and effectively, as well as the overall effects of the long-term economic downturn on quality of life. Introducing the reader to the fiscal effects of the Great Recession on cities, the book examines the initial fraying and subsequent mending of the social safety net, the opportunities for pursuing economic development strategies, the challenges of inter-jurisdictional cooperation, and the legacy costs of pension liabilities and infrastructure decay. Contributors are Phil Ashton, Raphael Bostic, Richard Feiock, Rachel A. Gordon, Rebecca Hendrick, Geoffrey J.D. Hewings, David Merriman, Richard Nathan, Michael A. Pagano, Breeze Richardson, Annette Steinacker, Nik Theodore, Rachel Weber, and Margaret Weir.

Published by: University of Illinois Press


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pp. C-ii

Title Page, Copyright

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pp. iii-iv


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pp. v-vi

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Preface and Acknowledgments

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pp. vii-x

The University of Illinois at Chicago (UIC) has hosted a forum on urban issues since 1995, when the first forum was convened under the auspices of the Great Cities Institute at UIC. The “Winter Forum” met annually until 2005, convening scholars, public intellectuals, policy makers, and elected officials from the ...

Part One: Overview

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Cities and the Great Recession

Michael A. Pagano

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pp. 3-18

The Great Recession has had a powerful effect on metropolitan regions and on local governments. The real-estate bubble burst in 2007, putting many owners under water (the mortgage exceeded the market value of the home) and the stock markets plummeted in 2008, wiping out hundreds of billions...

Part Two: White Papers

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Building the Local Social Safety Net in an Era of Fiscal Constraint

Margaret Weir

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pp. 21-57

Despite the complex funding responsibilities and administrative arrangements for the social safety net, municipal government engagement with that net is crucial to the health and well-being of all residents. This chapter introduces the strategies local governments use to build safety nets for their ...

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Resilient Economic Development

Raphael W. Bostic

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pp. 58-88

The question of what makes and keeps local and regional economies and societies resilient is an important one. In an increasingly global and competitive world, the market and other forces that influence a local and regional economy can change quickly, altering the competitive balance in ways that...

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How Cities Collaborate While Competing in the New Economy

Richard C. Feiock

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pp. 89-121

Five years after the onset of the “Great Recession,” its aftereffects continued to limit the economic opportunities of cities. Yet the Great Recession also unleashed forces to reshape the way that metropolitan regions are governed. By accelerating both competition and collaboration, this restructuring creates the potential for metropolitan regions to be more resilient....

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The Legacy Costs of Earlier Decisions

Richard P. Nathan

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pp. 122-152

By definition, a legacy is something handed down from the past. This chapter focuses on four types of financial strategies in government that involve acting now and paying over time. Because they are so intertwined, the chapter considers the consequences of financial legacy strategies at both the state and...

Part Three: Summary

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Converstaions with Local Policy Officials

Breeze Richardson

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pp. 155-172

The 2012 UIC Urban Forum began with opening remarks from Chancellor Paula Allen-Meares, who welcomed the audience and restated the commitment of the University of Chicago at Illinois to “a national discussion of the vital issues facing urban areas.” ...

Part Four: Policy Experiments

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What Now?

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pp. 175-178

The authors of the white papers (and the chapters in this book), the discussants at the UIC Urban Forum panels, and the moderators identified, debated, and discussed a broad range of possible policy experiments for the future resilience of the metropolitan region. Drawing on suggestions and recommendations,...


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pp. 179-190

E-ISBN-13: 9780252096013
Print-ISBN-13: 9780252038204

Page Count: 200
Publication Year: 2013