Public-Private Partnerships, Government Guarantees, and Fiscal Risk

Public-Private Partnerships, Government Guarantees, and Fiscal Risk
Author :
Publisher : International Monetary Fund
Total Pages : 104
Release :
ISBN-10 : 1589064933
ISBN-13 : 9781589064935
Rating : 4/5 (33 Downloads)

Book Synopsis Public-Private Partnerships, Government Guarantees, and Fiscal Risk by : Mr.Barry Anderson

Download or read book Public-Private Partnerships, Government Guarantees, and Fiscal Risk written by Mr.Barry Anderson and published by International Monetary Fund. This book was released on 2006-04-28 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.


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

Public-Private Partnerships, Government Guarantees, and Fiscal Risk
Language: en
Pages: 104
Authors: Mr.Barry Anderson
Categories: Business & Economics
Type: BOOK - Published: 2006-04-28 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

Public-private partnerships (PPPs) refer to arrangements under which the private sector supplies infrastructure assets and infrastructure-based services that tr
Mastering the Risky Business of Public-Private Partnerships in Infrastructure
Language: en
Pages: 61
Authors: Manal Fouad
Categories: Business & Economics
Type: BOOK - Published: 2021-05-10 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

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 in the Caribbean Region
Language: en
Pages: 103
Authors: Mr.Maximilien Queyranne
Categories: Business & Economics
Type: BOOK - Published: 2019-05-08 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

To provide policymakers in the Caribbean with a governance framework for improving infrastructure through Public-Private Partnerships (PPPs), while limiting the
Government Guarantees
Language: en
Pages: 230
Authors: Timothy Irwin
Categories: Business & Economics
Type: BOOK - Published: 2007 - Publisher: World Bank Publications

DOWNLOAD EBOOK

The book considers when governments should give guarantees to private investors. After describing the history of guarantees, and the challenges the politics and
Fiscal Risks - Sources, Disclosure, and Management
Language: en
Pages: 45
Authors: International Monetary Fund. Fiscal Affairs Dept.
Categories: Business & Economics
Type: BOOK - Published: 2008-05-31 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

A number of member countries have expressed interest in advice regarding disclosure and management of fiscal risks (defined as the possibility of deviations of