Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Unavailable
    Public-Private Partnerships, Government Guarantees, and Fiscal Risk
    Unavailable
    Public-Private Partnerships, Government Guarantees, and Fiscal Risk
    Unavailable
    Public-Private Partnerships, Government Guarantees, and Fiscal Risk
    Ebook181 pages2 hours

    Public-Private Partnerships, Government Guarantees, and Fiscal Risk

    By M. Cangiano

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    Public-private partnerships (PPPs) refer to arrangements under which the private sector supplies infrastructure assets and infrastructure-based services that traditionally have been provided by the government. PPPs are used for a wide range of economic and social infrastructure projects, but they are used mainly to build and operate roads, bridges and tunnels, light rail networks, airports and air traffic control systems, prisons, water and sanitation plants, hospitals, schools, and public buildings. PPPs offer benefits similar to those offered by privatization, which is the sale of government-owned enterprises or assets. By the late 1990s, when privatization was losing much of its earlier momentum, PPPs began to be widely seen as a means of obtaining private sector capital and management expertise for infrastructure investment. After a modest start, a wave of PPPs is now beginning to sweep the world. This Special Issue paper provides an overview of some of the issues raised by PPPs, with a particular focus on their fiscal consequences. It also looks at government guarantees, which are used fairly widely to shield the private sector from risk and are a common feature of PPPs. And it examines the consequences of PPPs and guarantees for debt sustainability. The paper concludes with a list of measures that can maximize the benefits and minimize the fiscal risks associated with the use of PPPs. Various appendices augment the discussion by examining country experiences with PPPs, summarizing the statistical reporting framework used to discuss fiscal accounting and reporting, explaining accounting for risk transfer, examining how guarantees are modeled and estimated in Chile, and summarizing international accounting and reporting standards for contingent liabilities.

    LanguageEnglish
    PublisherINTERNATIONAL MONETARY FUND
    Release dateApr 28, 2006
    ISBN9781451988550
    Unavailable
    Public-Private Partnerships, Government Guarantees, and Fiscal Risk

    Related to Public-Private Partnerships, Government Guarantees, and Fiscal Risk

    Related ebooks

    Economics For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Bees & honey

      May 7, 2023

      Bees & honey
      10 min read

    • Article

      Toward Wider Openness

      Apr 28, 2022

      How will China’s improved business climate help the domestic and global economies supplement and reinforce one another? Representatives of foreign business communities share their insights on CDF Voice, a social media column of the China Development

      4 min read

    • Article

      Revival 2021

      May 14, 2021

      InfoPro has launched ‘Revival 2021’, a full-fledged program aimed at advancing out-of-the-box measures that address the country’s extraordinary circumstances. It is an emergency proposal for the short-term (five years). It builds on previous editions

      5 min read

    • Article

      How to Get It Right

      Apr 1, 2017

      AMERICA IS RIPE FOR MAJOR INVESTMENT IN infrastructure. But making it pay off will require not just addressing the funding gaps but also fundamentally redesigning the country’s approach. McKinsey’s research suggests that every well-spent dollar of in

      2 min read

    • Article

      From Tuition Ban To Evergrande Collapse, Is China Tripping Over Its Chase For 'Common Prosperity'?

      Jan 16, 2022

      Since the last quarter of 2021, signs of a sharply decelerating Chinese economy have begun to emerge. This slowdown goes well beyond the property, private education, and internet platform companies that were the targets of intense regulatory action i

      5 min read

    • Article

      Third World Nations Need Emancipatory Alternatives To The IMF

      Apr 23, 2023

      As the Spring Meetings of the International Monetary Fund (IMF) and the World Bank began on April 10, questions emerged as to whether progress would finally be made to address the severe debt crisis that has engulfed large parts of the global south.

      5 min read

    • Article

      Third World Nations Need Emancipatory Alternatives To The IMF

      Apr 23, 2023

      As the Spring Meetings of the International Monetary Fund (IMF) and the World Bank began on April 10, questions emerged as to whether progress would finally be made to address the severe debt crisis that has engulfed large parts of the global south.

      5 min read

    • Article

      Third World Nations Need Emancipatory Alternatives To The IMF

      Apr 23, 2023

      As the Spring Meetings of the International Monetary Fund (IMF) and the World Bank began on April 10, questions emerged as to whether progress would finally be made to address the severe debt crisis that has engulfed large parts of the global south.

      5 min read

    • Article

      What Then Do We Do?

      Mar 8, 2019

      What Then Do We Do?
      5 min read

    • Article

      As China's Property Crisis Grows, Can Nationalisation Help Rebalance Its Economy?

      Sep 4, 2022

      The collapse of the decade-long property boom in China - triggered by a government crackdown on overleveraged property developers in early 2021 - has led to a series of defaults by a number of the country's major developers. More worryingly, the cris

      4 min read

    • Article

      Growing Beyond The Pandemic

      Jul 12, 2020

      Growing Beyond The Pandemic
      5 min read

    • Article

      From The Editor...

      Jul 28, 2023

      From The Editor...
      2 min read

    • Article

      ‘Talk Shops’ Without Any Developmental Impacts

      Apr 14, 2024

      At the height of Thatcherism in the late 1980s, the slogan “There is No Alternative” (Tina) was the clarion call by the Global North. In a post-Covid climate crisis era, it seems the song remains the same. The International Monetary Fund (IMF) and W

      4 min read

    • Article

      Capital Ideas

      Oct 23, 2020

      Capital Ideas
      5 min read

    • Article

      Capital Ideas

      Oct 23, 2020

      Capital Ideas
      5 min read

    • Article

      Support To The Private Sector Is On The Rise

      Mar 18, 2022

      ▶ Links: Click this article’s entry in ‘Table of Contents’ on our website Stimulating the private sector has become the most promising option to achieve economic recovery especially that foreign governments and international donor organizations have

      6 min read

    • Article

      The Collaboration I’m Most Proud Of

      Jan 22, 2022

      MANAGING DIRECTOR, IMF In August 2021, the 190 member countries of the International Monetary Fund—working together to tackle the pandemic, a crisis like no other—delivered an achievement like no other: a historic $650 billion injection of Special Dr

      10 min read

    • Article

      The Collaboration I’m Most Proud Of

      Jan 21, 2022

      MANAGING DIRECTOR, IMF In August 2021, the 190 member countries of the International Monetary Fund—working together to tackle the pandemic, a crisis like no other—delivered an achievement like no other: a historic $650 billion injection of Special Dr

      10 min read

    • Article

      Best Of The Financial Columnists

      Nov 11, 2022

      John Muellbauer Financial Times Chancellor Jeremy Hunt “urgently needs market-credible solutions that enhance long-term growth”, says John Muellbauer. One element should be fairer sharing between private landowners and society (ie, taxpayers) of t

      3 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    Reviews for Public-Private Partnerships, Government Guarantees, and Fiscal Risk

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words