Getting the state and local financial system "right" is the key to achieving our nation's broader objectives of social cohesion and economic and political stability.

Robert D. Ebel, author of The Oxford Handbook of State and Local Government Finance. in this month's Finance newsletter.

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Robert D. Ebel, author of The Oxford Handbook of State and Local Government Finance. in this month's Finance newsletter.

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Caroline Cournoyer is GOVERNING's senior web editor.
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