UID:
almafu_9958074054102883
Format:
viii, 35 pages :
,
illustrations ;
,
26 cm.
Edition:
1st ed.
ISBN:
1-280-92874-3
,
9786610928743
,
0-8213-7154-1
Series Statement:
World Bank working paper, no. 114
Content:
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
Note:
Description based upon print version of record.
,
Contents; Acknowledgments; Executive Summary; 1. Introduction; List of Boxes; 2. The Fiscal Effects of PPPs; List of Tables; List of Figures; 3. How Fiscal Institutions Affect the Fiscal Cost of PPPs; 4. Directions for Further Reform; 5. Conclusions; References
,
English
Additional Edition:
ISBN 0-8213-7153-3
Language:
English
URL:
Volltext
(Deutschlandweit zugänglich)
URL:
http://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-7153-4
