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

dc.contributor.authorMokdad, Tanya
dc.contributor.authorIrwin, Timothy
dc.date.accessioned2015-12-02T19:30:21Z
dc.date.available2015-12-02T19:30:21Z
dc.date.issued2010
dc.description.abstractContingent 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, governments usually can incur contingent liabilities without budgetary approval or recognition in the governments accounts. So governments may prefer contingent liabilities to other obligations. (The uncertainty surrounding contingent liabilities can work differently. It is well known that PPPs create contingent liabilities, and the International Monetary Fund (IMF), the World Bank, and others often warn of the risks. The initial reaction of a cautious Ministry of Finance may be to seek to avoid all contingent liabilities.) Management problems also arise once a government has incurred a contingent liability. Projects need to be monitored to reduce risks if possible. Spending on contingent liabilities must sometimes be forecast, despite the difficulty.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/12/25508831/managing-contingent-liabilities-public-private-partnerships-practice-australia-chile-south-africa
dc.identifier.doi10.1596/23187
dc.identifier.urihttps://hdl.handle.net/10986/23187
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTARIFFS
dc.subjectCONTINGENT LIABILITIES
dc.subjectDEPOSIT
dc.subjectLIABILITY
dc.subjectACCOUNTING
dc.subjectFINANCIAL MANAGEMENT
dc.subjectVALUATION
dc.subjectCORPORATE TAX RATE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINTEREST
dc.subjectRATE OF RETURN
dc.subjectPUBLIC INVESTMENTS
dc.subjectGUARANTEES
dc.subjectGOVERNMENT SPENDING
dc.subjectPROPERTY RIGHTS
dc.subjectEXCHANGE
dc.subjectOPTION
dc.subjectDISCOUNT RATE
dc.subjectORIGINAL CONTRACT
dc.subjectTREASURIES
dc.subjectPAYMENT SYSTEM
dc.subjectDEVELOPING COUNTRIES
dc.subjectPOLITICAL ECONOMY
dc.subjectREVENUES
dc.subjectLOAN
dc.subjectDISCOUNT
dc.subjectRENEGOTIATION
dc.subjectTAX
dc.subjectBUDGETING
dc.subjectBANKRUPTCY
dc.subjectGOVERNMENT GUARANTEES
dc.subjectINFLATION
dc.subjectINTERNATIONAL BANK
dc.subjectCASH FLOWS
dc.subjectCREDIBILITY
dc.subjectBUDGET
dc.subjectLACK OF TRANSPARENCY
dc.subjectCURRENCY
dc.subjectGOVERNMENT POLICY
dc.subjectNATURAL DISASTER
dc.subjectCONTRACT RENEGOTIATION
dc.subjectPUBLIC FUNDS
dc.subjectDEBTS
dc.subjectCONTRACTS
dc.subjectFINANCES
dc.subjectEXCHANGE RATES
dc.subjectGUARANTEE FUND
dc.subjectOPTIONS
dc.subjectMONETARY FUND
dc.subjectDEBT
dc.subjectRETURN
dc.subjectFINANCIAL FLOWS
dc.subjectPUBLIC FINANCE
dc.subjectDEPOSIT INSURANCE
dc.subjectLENDERS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectNATIONAL TREASURY
dc.subjectRULE OF LAW
dc.subjectFINANCE
dc.subjectFUTURE CASH FLOWS
dc.subjectBANK POLICY
dc.subjectPUBLIC INVESTMENT
dc.subjectCONTINGENT LIABILITY
dc.subjectEXPENDITURE
dc.subjectTRANSACTIONS
dc.subjectAUCTIONS
dc.subjectGUARANTEE FEES
dc.subjectEQUITY
dc.subjectTRANSACTION
dc.subjectINVESTORS
dc.subjectOPPORTUNITY COST
dc.subjectGOOD
dc.subjectTAX RATE
dc.subjectPRIVATE PARTY
dc.subjectTRANSPARENCY
dc.subjectFINANCIAL CRISIS
dc.subjectFUTURE
dc.subjectMARKET PRICES
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT FINANCE
dc.subjectFOREIGN INVESTMENT
dc.subjectINVESTMENT PROJECTS
dc.subjectLOAN GUARANTEES
dc.subjectCONTRACT
dc.subjectEXPENDITURES
dc.subjectPROPERTY
dc.subjectBIDS
dc.subjectPHYSICAL ASSETS
dc.subjectACCRUAL ACCOUNTING
dc.subjectOPPORTUNITY COSTS
dc.subjectBALANCE SHEET
dc.subjectDEFAULT
dc.subjectCONCESSION ARRANGEMENTS
dc.subjectMARKET
dc.subjectFOREIGN EXCHANGE
dc.subjectMARKET VALUE
dc.subjectSECURITIES
dc.subjectTREASURY
dc.subjectACCOUNTING STANDARD
dc.subjectSHAREHOLDERS
dc.subjectRENEGOTIATIONS
dc.subjectINFRASTRUCTURE CONCESSIONS
dc.subjectINSURANCE
dc.subjectGOVERNMENT DEBT
dc.subjectINTERESTS
dc.subjectSECURITY
dc.subjectACCOUNTING STANDARDS
dc.subjectINVESTMENT
dc.subjectOUTSTANDING DEBT
dc.subjectSHARE
dc.subjectCONTRACTUAL OBLIGATION
dc.subjectBALANCE SHEETS
dc.subjectPUBLIC FINANCES
dc.subjectINFRASTRUCTURE FINANCE
dc.subjectPOLITICAL STABILITY
dc.subjectFINANCIAL ASSETS
dc.subjectBID
dc.subjectREVENUE
dc.subjectPROFIT
dc.subjectEXPROPRIATIONS
dc.subjectINVESTMENTS
dc.subjectRISK MANAGEMENT
dc.subjectAMOUNT OF DEBT
dc.subjectPRIVATE FINANCING
dc.subjectEXCHANGE RATE
dc.subjectLIABILITY MANAGEMENT
dc.subjectPROFITS
dc.subjectLIABILITIES
dc.subjectMULTILATERAL LENDERS
dc.subjectGUARANTEE
dc.subjectDEVELOPMENT BANK
dc.subjectCASH FLOW
dc.titleManaging Contingent Liabilities in Public-Private Partnershipsen
dc.title.subtitlePractice in Australia, Chile, and South Africaen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleManaging Contingent Liabilities in Public-Private Partnerships
okr.date.disclosure2015-12-01
okr.date.doiregistration2025-05-05T11:36:19.480726Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2015/12/25508831/managing-contingent-liabilities-public-private-partnerships-practice-australia-chile-south-africa
okr.guid998191467987871769
okr.guid972941473316681473
okr.identifier.externaldocumentum090224b08386c129_1_0
okr.identifier.internaldocumentum25508831
okr.identifier.report101491
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/12/01/090224b08386c129/1_0/Rendered/PDF/Managing0conti0le00and0South0Africa.pdfen
okr.topicPublic Sector Development
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicTransport::Transport Economics & Policy Planning
okr.unitPPP - CCSA - GPP (GCPPP)
relation.isAuthorOfPublication4cdd14e3-d673-5b41-bfda-166d60c2e404
relation.isAuthorOfPublication.latestForDiscovery4cdd14e3-d673-5b41-bfda-166d60c2e404
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