The Crisis Regime

The M. A. C., the E. F. C. B., and the Political Impact of the New York City Financial Crisis

By Robert W. Bailey

Subjects: Economics
Paperback : 9780873958516, 230 pages, June 1985
Hardcover : 9780873958509, 230 pages, June 1985

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Table of contents

List of Abbreviations



I: The Policies and Politics of the Financial Emergency

ONE FCLG, MAC, EFCB, OSDC: An Institutional Map of the Crisis Regime

TWO Case 1: The Financial Plan

THREE Case 2: Labor Policy

FOUR Case 3: The Autonomous Agencies

FIVE The Financial Control Board as a Political Actor

II: The Political Impact of the Financial Crisis

SIX Local Policy Process

SEVEN Intergovernmental Relations

EIGHT Private Economic Elites

III: Conclusion

NINE Beyond Bureaucratic Functionalism: Post Interest Group Politics in New York City




Robert W. Bailey is Assistant Professor of Political Science at Baruch College of the City University of New York.


"The Crisis Regime combines an insightful, well-documented analysis of the New York City financial crisis of 1975 and a broader, theoretical sense of changing politics and modes of governance in big cities. The case study is conceptualized in generic terms so that people from outside New York as well as those involved directly in the city will learn from it. It will be of great interest to academics and could lay the groundwork for future studies of big-city politics and management. It is a case study that has broad significance." — David Rogers, New York University, Graduate School of Business Administration.