Robert W. Bailey - The Crisis Regime: The M. A. C., the E. F. C. B., and the Political Impact of the New York City Financial Crisis
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The Crisis Regime: The M. A. C., the E. F. C. B., and the Political Impact of the New York City Financial Crisis
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The Crisis Regime : The MAC, the EFCB, and the Political Impact of the New York City Financial Crisis
author
:
Bailey, Robert W.
publisher
:
State University of New York Press
isbn10 | asin
:
0873958519
print isbn13
:
9780873958516
ebook isbn13
:
9780585092942
language
:
English
subject
Finance, Public--New York (State)--New York, Default (Finance)--New York (State)--New York, Municipal Assistance Corporation for the City of New York, Emergency Financial Control Board.
publication date
:
1984
lcc
:
HJ9289.N4B34 1984eb
ddc
:
352.1/09747/1
subject
:
Finance, Public--New York (State)--New York, Default (Finance)--New York (State)--New York, Municipal Assistance Corporation for the City of New York, Emergency Financial Control Board.
Robert W. Bailey
The Crisis Regime:
The MAC, the EFBC, and the Political Impact of the New York City Financial Crisis
State University of New York Press ALBANY
For my Parents
Published by State University of New York Press, Albany 1984 State University of New York All rights reserved Printed in the United States of America
No part of this book may be used or reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews.
For information, address State University of New York Press, State University Plaza, Albany, NY., 12246
Library of Congress Cataloging in Publication Data
Bailey, Robert W., 1951 The crisis regime: Bibliograhy: p. 213 Includes index. 1. Finance, PublicNew York (N.Y.) 2. Default (Finance)New York (N.Y.) 3. Municipal Assistance Corporation. 4. Emergency Financial Control Board. I. Title. HJ9289.N4B341984 352.1097471 84-8897 ISBN 0-87395-850-0 ISBN 0-87395-851-9 (pbk.)
10 9 8 7 6 5 4 3 2 1
Page v
CONTENTS
List of Abbreviations
vii
Acknowledgments
ix
Introduction
1
I: The Policies and Politics of the Financial Emergency
13
ONE FCLG, MAC, EFCB, OSDC: An Institutional Map of the Crisis Regime
15
TWO Case 1: The Financial Plan
47
THREE Case 2: Labor Policy
68
FOUR Case 3: The Autonomous Agencies
91
FIVE The Financial Control Board as a Political Actor
114
II: The Political Impact of the Financial Crisis
129
SIX Local Policy Process
131
SEVEN Intergovernmental Relations
148
EIGHT Private Economic Elites
164
III: Conclusion
177
NINE Beyond Bureaucratic Functionalism: Post Interest Group Politics in New York City
179
Notes
191
Bibliography
213
Index
227
Page vii
ABBREVIATIONS
AFSCME
American Federation of State County and Municipal Employees
BAN
Bond Anticipation Note
BHE
Board of Higher Education
COLA
Cost of Living Adjustment
CTDMC
Comptroller's Technical Debt Management Committee
ECF
Education Construction Fund
EFCB
Emergency Financial Control Board
EFCBF
Emergency Financial Control Board Fund
FCB
Financial Control Board
FCLG
Financial Community Liaison Group
HHC
Health and Hospitals Corporation
IFMS
Integrated Financial Management System
MAC
Municipal Assistance Corporation (for New York City)
MBO
Management By Objectives
MIS
Management Information System
MP/R
Mayor's Management Plan and Reporting System
MTA
Metropolitan Transportation Authority
OSDC
Office of the Special (State) Deputy Comptroller for New York City
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1984