Public-private partnerships in the new EU member states : managing fiscal risks /
Public-private partnerships (PPPs) are popular around the world, in part because they allow governments to secure much-needed investment in public services without immediately having to raise taxes or borrow. Yet, PPPs pose a fiscal danger because a government's desire to avoid reporting immedi...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Autor Corporativo: | |
Otros Autores: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington, D.C. :
World Bank,
©2007.
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Colección: | World Bank working paper ;
no. 114. |
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | Public-private partnerships (PPPs) are popular around the world, in part because they allow governments to secure much-needed investment in public services without immediately having to raise taxes or borrow. Yet, PPPs pose a fiscal danger because a government's desire to avoid reporting immediate liabilities may blind it to future fiscal costs and risks. Although PPPs may not blemish governments' reported fiscal statements in the short term, they do create fiscal obligations. This increases fiscal vulnerability and can result in poorly-designed PPPs. The extent of the danger depends on the fi. |
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Descripción Física: | 1 online resource (viii, 35 pages) : illustrations |
Bibliografía: | Includes bibliographical references (pages 33-35). |
ISBN: | 0821371541 9780821371541 1280928743 9781280928741 9786610928743 6610928746 |
ISSN: | 1726-5878 ; |