Long-Term Stress and Systemic Failure: Taking Seriously the Fiscal Crisis of America’s Older Cities

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This new report – written for America’s older cities, but with lessons for all cities that face fiscal stress – suggests a new approach to end the cycle of decline that has entrapped many municipalities. Long-Term Stress and Systemic Failure recognizes the challenges and offers policymakers and officeholders real long-term solutions to build the local economy, reuse underutilized or vacant land, and stabilize or grow the local populations, and generate long-term economic sustainability.