Public Asset Management

Have you ever thought how Mississippi River Bridge in Minneapolis, Minnesota, collapsed during the evening rush hour? Have you asked why an 84-year-old steam pipe erupted in New York City? Do you know how much money a U.S. state government spends on capital projects a year? From this book you will be able to understand - how important fixed assets are for U.S. state governments - what components play active roles in the fixed asset management system - why some state governments do not pay attention to certain components of their fixed asset management - which states have the best fixed asset management practice - why some state governments prefer to sell and lease back their property - what fixed assets are managed in a centralized or decentralized fashion - what problems exist in fixed asset management in state governments - other characteristics of public asset management in U.S. state governments

Autorentext

Yaotai Lu, Ph.D., has his research interests mainly in public asset management, public budgeting and financial management, public procurement, and public economics.