Name: Debt Reckoning
ISBN: 978-1-137-57861-7

Overview

Authors:

Jonathan B. Justice ⁰

Jonathan B. Justice
1. School of Public Policy & Administration, University of Delaware, Newark, USA
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Examines the interplay of professional norms and political accountability in the process of making decisions about government debt
Focuses on individual and collective decision-making behavior within the organizational accountability spaces defined by general (stipulated) norms and situational (negotiated) expectations and their broader social contexts
Advances conceptual understandings of decisions to incur public indebtedness and the implications of those decisions

Part of the book series: Palgrave Studies in Public Debt, Spending, and Revenue (PDSR)

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Keywords

finance
funding
public finance
research
stakeholder
swaps

About this book

This book examines the interplay of professional norms and political accountability in the process of making decisions about whether, how, and how much debt state and local governments should incur. The careful analysis of accountability in actual decisions, focusing particularly on whether and how individual and collective decision-making behavior responds to general (stipulated) norms and situational (negotiated) expectations in their broader social contexts, is a familiar approach in the study of management and public organizations generally, but has not been extensively applied to this area of public financial decision making. Political economists, especially those identified with the public-choice approach, have done extensive macro-level normative and theoretical analysis of public debt, but not in an empirically rich fashion. This book therefore constitutes a missing link that uses analyses of selected cases to advance conceptual understandings of organizational accountability spaces in general, and decisions to incur public indebtedness and the implications of those decisions specifically, by examining the intersection of the macro, meso, and micro levels of expectations for and practices of public financial decision making.

Authors and Affiliations

School of Public Policy & Administration, University of Delaware, Newark, USA

Jonathan B. Justice

About the author

Jonathan B. Justice is Professor in the Joseph R. Biden, Jr. School of Public Policy & Administration and Faculty Fellow in the Center for Science, Ethics, and Public Policy at the University of Delaware, USA.

Bibliographic Information

Book Title: Debt Reckoning
Book Subtitle: Professionalism and Accountability in Public Finance Decision-Making
Authors: Jonathan B. Justice
Series Title: Palgrave Studies in Public Debt, Spending, and Revenue
Publisher: Palgrave Macmillan New York
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2024
Hardcover ISBN: 978-1-137-57861-7Due: 14 September 2024
eBook ISBN: 978-1-137-57862-4Due: 14 September 2024
Series ISSN: 2662-5148
Series E-ISSN: 2662-5156
Edition Number: 1
Number of Pages: 368

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