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The Law, Finance, Sub-National Governments and Political Organising
Bikku Kuruvila
Building cultures of accountability over economic policy decision-making is difficult. A successful vote to make the City of Oakland enter into negotiations to repudiate an interest rate derivatives contract with Goldman Sachs seems to offer limited value in addressing the financial needs of cash-strapped US localities, yet offers instructive lessons about the role of the law, finance, state and local governments and political organising.
July 19, 2012.
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© International Development
Economics Associates 2012
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