Government at Risk: Contingent Liabilities and Fiscal Risk

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World Bank, 2002 - Business & Economics - 471 pages
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Many governments have faced serious instability as a result of their contingent liabilities. But conventional public finance analysis and institutions fail to address such fiscal risks. This book aims to provide motivation and practical guidance to governments seeking to improve theirmanagement of fiscal risks. The book addresses some of the difficult analytical and institutional challenges that face reformers tooling up to manage government fiscal risks. It discusses the inadequacies of conventional practices as well as recent advances in dealing with fiscal risk.

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Learning to Deal with
Accounting and Financial Accountability to Capture Risk
Budgeting for Fiscal Risk

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