03127nam 2200697 a 450 991045201390332120200520144314.01-280-92874-397866109287430-8213-7154-1(CKB)1000000000476881(EBL)459361(OCoLC)317595994(SSID)ssj0000089074(PQKBManifestationID)11126616(PQKBTitleCode)TC0000089074(PQKBWorkID)10089183(PQKB)11429270(MiAaPQ)EBC459361(Au-PeEL)EBL459361(CaPaEBR)ebr10187128(CaONFJC)MIL92874(OCoLC)935270839(EXLCZ)99100000000047688120071031d2007 uy 0engur|n|---|||||txtccrPublic-private partnerships in the new EU member states[electronic resource] managing fiscal risks /Nina Budina, Hana Polackova Brixi, Timothy IrwinWashington, D.C. World Bankc20071 online resource (48 p.)World Bank working paper,1726-5878 ;no. 114Description based upon print version of record.0-8213-7153-3 Includes bibliographical references (p. 33-35).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; ReferencesPublic-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 fiWorld Bank working paper ;no. 114.Finance, PublicEurope, EasternPublic-private sector cooperationEurope, EasternPublic-private sector cooperationEuropean Union countriesFinance, PublicEuropean Union countriesElectronic books.Finance, PublicPublic-private sector cooperationPublic-private sector cooperationFinance, Public650Budina Nina1035322Brixi Hana Polackova1026269Irwin Timothy869727World Bank.MiAaPQMiAaPQMiAaPQBOOK9910452013903321Public-private partnerships in the new EU member states2454974UNINA