Managing Contingent Liabilities in Public-Private Partnerships : Practice in Australia, Chile, and South Africa

Contingent liabilities create management problems for governments. They have a cost, but judging what the cost is and whether it is worth incurring is difficult. Except in the case of contingent liabilities created by simple guarantees of debt, gov...

Full description

Bibliographic Details
Main Authors:	Irwin, Timothy, Mokdad, Tanya
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2015
Subjects:	TARIFFS CONTINGENT LIABILITIES DEPOSIT LIABILITY ACCOUNTING FINANCIAL MANAGEMENT VALUATION CORPORATE TAX RATE INFORMATION TECHNOLOGY INTEREST RATE OF RETURN PUBLIC INVESTMENTS GUARANTEES GOVERNMENT SPENDING PROPERTY RIGHTS EXCHANGE OPTION DISCOUNT RATE ORIGINAL CONTRACT TREASURIES PAYMENT SYSTEM DEVELOPING COUNTRIES POLITICAL ECONOMY REVENUES LOAN DISCOUNT RENEGOTIATION TAX BUDGETING BANKRUPTCY GOVERNMENT GUARANTEES INFLATION INTERNATIONAL BANK CASH FLOWS CREDIBILITY BUDGET LACK OF TRANSPARENCY CURRENCY GOVERNMENT POLICY NATURAL DISASTER CONTRACT RENEGOTIATION PUBLIC FUNDS DEBTS CONTRACTS FINANCES EXCHANGE RATES GUARANTEE FUND OPTIONS MONETARY FUND DEBT RETURN FINANCIAL FLOWS PUBLIC FINANCE DEPOSIT INSURANCE LENDERS GROSS DOMESTIC PRODUCT NATIONAL TREASURY RULE OF LAW FINANCE FUTURE CASH FLOWS BANK POLICY PUBLIC INVESTMENT CONTINGENT LIABILITY EXPENDITURE TRANSACTIONS AUCTIONS GUARANTEE FEES EQUITY TRANSACTION INVESTORS OPPORTUNITY COST GOOD TAX RATE PRIVATE PARTY TRANSPARENCY FINANCIAL CRISIS FUTURE MARKET PRICES GOVERNMENT GUARANTEE GOVERNMENT FINANCE FOREIGN INVESTMENT INVESTMENT PROJECTS LOAN GUARANTEES CONTRACT EXPENDITURES PROPERTY BIDS PHYSICAL ASSETS ACCRUAL ACCOUNTING OPPORTUNITY COSTS BALANCE SHEET DEFAULT CONCESSION ARRANGEMENTS MARKET FOREIGN EXCHANGE MARKET VALUE SECURITIES TREASURY ACCOUNTING STANDARD SHAREHOLDERS RENEGOTIATIONS INFRASTRUCTURE CONCESSIONS INSURANCE GOVERNMENT DEBT INTERESTS SECURITY ACCOUNTING STANDARDS INVESTMENT OUTSTANDING DEBT SHARE CONTRACTUAL OBLIGATION BALANCE SHEETS PUBLIC FINANCES INFRASTRUCTURE FINANCE POLITICAL STABILITY FINANCIAL ASSETS BID REVENUE PROFIT EXPROPRIATIONS INVESTMENTS RISK MANAGEMENT AMOUNT OF DEBT PRIVATE FINANCING EXCHANGE RATE LIABILITY MANAGEMENT PROFITS LIABILITIES MULTILATERAL LENDERS GUARANTEE DEVELOPMENT BANK CASH FLOW
Online Access:	http://documents.worldbank.org/curated/en/2015/12/25508831/managing-contingent-liabilities-public-private-partnerships-practice-australia-chile-south-africa http://hdl.handle.net/10986/23187

Internet

http://documents.worldbank.org/curated/en/2015/12/25508831/managing-contingent-liabilities-public-private-partnerships-practice-australia-chile-south-africa
http://hdl.handle.net/10986/23187

Managing Contingent Liabilities in Public-Private Partnerships : Practice in Australia, Chile, and South Africa

Internet

Similar Items