GOVERNMENT AT RISK Contingent Liabilities and Fiscal Risk

Brixi & Schick (editors)

ISBN 10: 0821348353 / ISBN 13: 9780821348352

Published by The World Bank, Washington, 2002

About this Item

471 pages in excellent condition. With figures and tables. Brown softcovers with red/black titles. No wear. FINE.

Seller Inventory # 213240

Bibliographic Details

• Title: GOVERNMENT AT RISK Contingent Liabilities and Fiscal Risk
• Publisher: The World Bank, Washington
• Publication Date: 2002
• ISBN 10: 0821348353
• ISBN 13: 9780821348352
• Binding: Soft cover
• Condition: Fine
• Book Type: Book
• Seller catalogs:
  • Economics
  • Politics

About this title

Synopsis

Governments at risk are facing major fiscal challenges as a result of their contingent liabilities. Contingent liabilities dubbed 'hidden deficits' account for a large share of the rise in government debt and tend to remain outside the framework of conventional public financial analysis and institutions. In many countries, the reality or prospect of unbudgeted fiscal risks coming due has been a wake-up call to extend fiscal management beyond the budgetary framework. This book offers practical guidance to governments seeking to improve the management of fiscal risks. It explores difficult analytical and institutional challenges confronting reformers attempting to manage government fiscal risks. While discussing the inadequacies of conventional practices of dealing with fiscal risk, this book presents recent advances in managing fiscal risk and thereby helps to push the practice of fiscal analysis and management into the 21st century. A copublication of the World Bank and Oxford University Press.