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Record Nr. |
UNINA9910452013903321 |
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Autore |
Budina Nina |
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Titolo |
Public-private partnerships in the new EU member states [[electronic resource] ] : managing fiscal risks / / Nina Budina, Hana Polackova Brixi, Timothy Irwin |
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Pubbl/distr/stampa |
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Washington, D.C., : World Bank, c2007 |
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ISBN |
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1-280-92874-3 |
9786610928743 |
0-8213-7154-1 |
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Descrizione fisica |
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1 online resource (48 p.) |
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Collana |
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World Bank working paper, , 1726-5878 ; ; no. 114 |
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Altri autori (Persone) |
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BrixiHana Polackova |
IrwinTimothy |
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Disciplina |
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Soggetti |
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Finance, Public - Europe, Eastern |
Public-private sector cooperation - Europe, Eastern |
Public-private sector cooperation - European Union countries |
Finance, Public - European Union countries |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references (p. 33-35). |
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Nota di contenuto |
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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 |
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Sommario/riassunto |
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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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