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Mastering the Risky Business of Public-Private Partnerships in Infrastructure / Prepared by a staff team led by Manal Fouad ... [et al]

عدد النسخ: 1 عدد النسخ المعارة : 0 عدد النسخ المتاحة للاعارة : 1
رقم التسجيلة 23489
نوع المادة book
ردمك 9781513576565
العنوان Mastering the Risky Business of Public-Private Partnerships in Infrastructure / Prepared by a staff team led by Manal Fouad ... [et al]
بيانات النشر Washington, D.C, [UNITED STATES]: International Monetary Fund (IMF), 2021.
الوصف المادي viii, 52 P
بيان السلسلة International Monetary Fund. Fiscal Affairs Department | 21/10
الملاحظات الببليوجرافية

Includes bibliographical references (pages 51-52)

المحتويات / النص

Acknowledgments -- Executive Summary -- 2. The Case for Public-Private Partnerships -- 3. Challenges with PPP Procurement -- 4. Fiscal Illusions and Fiscal Risks -- 5. Managing PPP Fiscal Risks

المستخلص

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.(IMF page)

الأسماء المرتبطة Fouad, Manal