By Milan J. Dluhy,Howard A. Frank
Drawing seriously on contributing cultural and ethnic elements, this ebook analyzes Miami's economic insolvency considering 1996 and describes what ended in the monetary situation, the reasons for the obstacle, and the explanations for a sluggish restoration. evaluating Miami's insolvency with the sooner monetary crises in Philadelphia, long island urban, and Orange County, CA, the authors express the position of Miami's terrible economy, the expanding ethnic impact, the emphasis on economic conservatism and a pay-as-you-go philosophy, the shortcoming of ordinary budgetary practices, and the corruption of a number of urban officers. In end, the authors give some thought to Miami's outlook for the future.
To absolutely comprehend Miami's unique difficulty and the super sluggish monetary restoration, the authors think it will be significant to discover how the dominant tradition contributed to the city's monetary difficulties. The authors convey that structural beneficial properties of the neighborhood govt are less significant than broader cultural and ethnic attitudes and practices.