In this episode of the ⁠International Insolvency Institute⁠’s Global Perspectives podcast, our panelists discuss the impact of municipal failure on local and national economies.

The panelists, among the leading experts in the field, are Professor Laura Coordes (Arizona State University), Professor Yseult Marique (University of Essex), and Professor Peter Murphy and Mr Bernard Dom (Nottingham Trent University). They compared the English and US system for dealing with municipalities in distress, and they drew important lessons from key cases such as Detroit and Birmingham. The podcast also includes references to recently launched initiatives, such as the Research Network for Public Authorities and Financial Distress (RPAFD) and other initiatives designed to support local authorities’ financial resilience and accountability promoted by the International Research Society for Public Management (IRSPM).