The Political Economy of Local Government: Leadership, Reform, and Market Failure (Studies in Fiscal Federalism and State-Local Finance)

"The Political Economy of Local Government" draws upon recent developments in economics, including new institutional economics, and contemporary advances in the theories of social capital and leadership, in order to explain local government policy formulation. The authors also examine rival minimalist and activist approaches to local government reform, against the background of paradigmatic changes in public management and shifting styles of policy leadership. This book offers a fresh and readily accessible perspective on the political economy of local government policy making.