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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Budina, Nina
Autor Corporativo: World Bank
Otros Autores: Brixi, Hana Polackova, Irwin, Timothy
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : World Bank, ©2007.
Colección:World Bank working paper ; no. 114.
Temas:
Acceso en línea:Texto completo
Descripción
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.
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 ;