On This PageMay 2011, No. 286a

Local Governments on the Brink (Special Issue)
Last Updated: 04/18/11

This article examines the likelihood of local governments defaulting on their debt or filing for bankruptcy. Despite the challenging fiscal environment today, the vast majority of local governments are not likely to do either, if history serves as a guide for the future.

A Minute with the Economist

Senior economist and economic advisor discusses some background on his recent article on local governments.