Melissa B Jacoby

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Detroit has emerged from bankruptcy, but the process has been sharply criticized, which could impair its success. Reuters

What are the costs of Detroit’s rise from bankruptcy?

Melissa B Jacoby, University of North Carolina at Chapel Hill

Earlier this month, we learned that the biggest municipal bankruptcy in history would also be among the swiftest. The emergency manager for Detroit filed for bankruptcy in the summer of 2013 without a…

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