Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Regional Economics
Part 7: Banking In Hampton Roads, Regional Studies Institute, Old Dominion University
Part 7: Banking In Hampton Roads, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
The economic impact of the disappearance of the headquarters of large banks from the region, and from Virginia, has been quite negative. In this chapter we contrast Virginia and Hampton Roads to North Carolina, and demonstrate that the wave of banking mergers and consolidations that occurred over the past two decades, but particularly in the 1990s, has not been good for Hampton Roads.
Part 6: Regionalism And The Dillon Rule: An Interpretive Essay, Regional Studies Institute, Old Dominion University
Part 6: Regionalism And The Dillon Rule: An Interpretive Essay, Regional Studies Institute, Old Dominion University
State of the Region Reports: Hampton Roads
While the Dillon Rule does not explicitly appear in many Virginia statutes, it is the accepted legal and legislative standard in Virginia. In essence, it says no city, town, county or region may exercise any power not explicitly granted it by the General Assembly. We argue that the Dillon Rule, while not without points in its favor, has outlived its usefulness.