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Article: Cities escape budget blues by slipping their bounds. (annexation of Myrtle Beach)
- Article from:
- Business North Carolina
- Article date:
- July 1, 1991
CopyrightCOPYRIGHT 1991 Business North Carolina. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Finally a remedy for the state's fiscal ills: annex Myrtle Beach.
North Carolina has pretty much kept its hands to itself since ceding its western lands (now Tennessee) in 1789. But liberal annexation laws have helped put Tar Heel cities in good financial shape. That, at least, is what one scholar thinks.
Helen Ladd, a professor of public-policy studies at Duke University, and her Syracuse University colleague John Yinger studied the state of the nation's cities from 1972 to 1988. Their results were published in a 1989 book, America's Ailing Cities, recently revised and released in paperback.
Ladd and Yinger rated 71 U.S. cities on their ...