[Read and download] Public Investment and Public-Private Partnerships: Addressing Infrastructure Challenges and Managing Fiscal Risks (Procyclicality of Financial Systems in Asia)
||About the Author|LUIS ALBERTO ANDRES Economist, World Bank GUSZTÁV BÁGER Director General, State Audit Office, Hungary DANIEL BERGVALL Project Manager, OECD HANS CHRISTIANSEN Senior Economist, OECD JAKOB DE HAAN Professor, University of Groningen
The need to upgrade public infrastructure, improve the delivery of public services, and explore new options for partnering with the private sector is being increasingly recognized. While this has created important new business opportunities for the private sector, it has also given rise to new challenges for governments. Having sufficient "fiscal space" for key public expenditure programs that support economic development, including public investment, is essential--even...
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