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  1. Mastering the risky business of public-private partnerships in infrastructure
    Author: Fouad, Manal; Matsumoto, Chishiro; Monteiro, comprising Rui; Rial, Isabel; Sakrak, Ozlem Aydin
    Published: 2021
    Publisher:  International Monetary Fund, Washington, DC, USA

    Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed... more

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    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
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    Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management

     
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513576565
    Other identifier:
    Series: Departmental paper series ; no 21, 10
    Subjects: Öffentlich-private Partnerschaft; Infrastrukturinvestition; Öffentliche Ausgaben; Fiscal Risks; National Government Expenditures and Related Policies; Other Public Investment and Capital Stock; Public Administration; Public Sector Accounting and Audits
    Scope: 1 Online-Ressource (circa 61 Seiten), Illustrationen
  2. Mastering the risky business of public-private partnerships in infrastructure
    Author: Fouad, Manal; Matsumoto, Chishiro; Monteiro, comprising Rui; Rial, Isabel; Sakrak, Ozlem Aydin
    Published: 2021
    Publisher:  International Monetary Fund, Washington, DC, USA

    Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed... more

    Access:
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    Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513576565
    Other identifier:
    Series: Departmental paper series ; no 21, 10
    Subjects: Öffentlich-private Partnerschaft; Infrastrukturinvestition; Öffentliche Ausgaben; Fiscal Risks; National Government Expenditures and Related Policies; Other Public Investment and Capital Stock; Public Administration; Public Sector Accounting and Audits
    Scope: 1 Online-Ressource (circa 61 Seiten), Illustrationen