MPA student’s expertise on municipal bankruptcy featured in journal
James Tatum III’s article on Central Falls, Rhode Island, is
his second journal publication this year.
MPA student James Tatum III wrote "Central Falls'
Bankruptcy and the Principle of Shared Pain,"
published earlier this fall in the peer-reviewed journal Public Finance and Management. The article examines the method used
to distribute losses in Central Falls' case, and considers the effects of special
protections for bondholders on both the bondholders themselves and other parties
to municipal bankruptcy.
Earlier this year, Tatum, who is the 2016-17 Thompson
Scholar at the
Maxwell School, wrote a detailed analysis of Puerto Rico’s financial insolvency
that appeared in the Harvard Journal on
the article is titled “The Debt is Not Payable.”
Tatum, a graduate of Eastern Michigan University in
political science, has completed research projects centered around public
finance, veteran’s affairs, municipal bankruptcy, and public solvency. He has
been published also in Business &
Bankruptcy Law Journal. Tatum hopes to establish a career in economic
development and capital asset management for local governments where his
expertise can help financially distressed cities recover and prosper.