2011 Report: Structurally Unbalanced: Cyclical and Structural Deficits in Arizona
January 2011/ This report by Brookings Mountain West and Morrison Institute for Public Policy examines Arizona's fiscal crisis - cyclical and structural deficits.
Arizona is struggling with two related but distinct fiscal disasters. Widely recognized is the state’s budget crisis, which resulted from the sudden collapse of annual revenues after the real estate crash and prolonged recession. Less noted or widely understood is the state’s massive structural imbalance, which arose in large part due to unwise policy choices made during phenomenal growth years. Such imbalance is not cyclical and threatens Arizona’s long-term future and its ability to compete during an economic recovery.
Read the report, Structurally Unbalanced: Cyclical and Structural Deficits in Arizona, prepared by Brookings 
Also see: Structurally Unbalanced: Cyclical and Structural Deficits in Arizona Fact Sheet
Read: Structurally Unbalanced: Cyclical and Structural Deficits in California and the Intermountain West
