Cities, Economic Distress, and Dissolution
24 Pages Posted: 26 Jul 2022
Date Written: July 1, 2022
Should this or that city exist? Such existential questions do not often arise in matters of public administration, but perhaps they should. This Article focuses on municipal disincorporation (or dissolution) and consolidation. The Article discusses what it takes to disappear a city and offers a theoretical framework for when dissolution and consolidation should be considered as a response to municipal insolvency.
Keywords: Bankruptcy, Chapter 9 Bankruptcy, Local Government, Municipal Bankruptcy, Bonds, Municipal Bonds, Municipal Bond Market, Disincorporation, Liquidation, Dissolution
Suggested Citation: Suggested Citation