Contingent liabilities - a threat to fiscal stability

Region
7
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Off
Contributor
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Contingent government liabilities are associated with major hidden fiscal risks. Thus fiscal adjustment that targets deficit and debt reduction does not necessarily prevent fiscal instability. Banking problems, for example, have often unexpectedly drawn on public resources.
 
Fiscal risks and uncertainties are increasing for four main reasons. Private capital flows are increasing and becoming more volatile. States are moving from financing services to guaranteeing outcomes. Moral hazard in markets is on the rise.

Financing Public-Private Partnerships – Best Practices in Latin America

Region
4
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Off
Contributor
NULL

In partnership with the World Bank Institute (WBI) PPIAF supported a a two-day conference to disseminate the best practices and innovations of Latin American countries' PPP programs in response to the financial crisis.

Angola: Lei Sobre as Parcerias Público Privadas

Region
1
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In May 2019 Law No. 11/19, a new Law on Public-Private Partnerships, came into force. Visit the PPP Laws/Concession Laws Angola library page for more information.

Find more related materials at Public-Private Partnerships Laws/Concession Laws

Australia: National Public Private Partnership Policy Framework

Region
2
Publication Year
Off
This National PPP Policy (Policy) provides a consistent framework that enables public and private sectors to work together to improve public service delivery through private sector provision of public infrastructure and related services.
 
The objectives of the National PPP Policy Framework are to:
• encourage private sector investment in public infrastructure and related services where value for money for government can be clearly demonstrated;
• encourage innovation in