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Spring Meeting '09 Summaries



Financial services working group


States' Financial Life After Stimulus

3:30–5 p.m. Thursday, Nov. 12

State financial systems face tremendous challenges from the structural shifts transforming our national economy. The transition of our economy to one dominated by the service sector, the surge in online transactions and the extreme volatility of traditional revenue categories all pose difficult policy choices. In addition, massive upheavals in the credit markets in the last year pose challenges to state and local governments at a time when accumulating higher levels of debt loomed as a viable strategy. This session will feature renowned national experts discussing how states are faring in the credit markets and the forecast in the near and medium terms. 





Bill Fox

University of Tennessee at Knoxville


Bill Fox is the William B. Stokely Distinguished Professor of Business and the director of the Center for Business and Economic Research at the University of Tennessee. He is a past president and recipient of the Steven D. Gold Award from the National Tax Association and former chairman of the Economics Department at the University of Tennessee. He has held visiting appointments as professor at the University of Hawaii, scholar at the Federal Reserve Bank of Kansas City, and Distinguished Fulbright Chair at the University of Frankfurt, Germany. Fox has served as a consultant in more than 25 countries and 10 U.S. states on a wide range of public policy issues.


Mr. Robert Kurtter, Senior Vice President

State Ratings at Moody's Investors