When governments seek private investment in infrastructure projects, they usually find themselves asked to provide grants, guarantees, or other forms of fiscal support. Often they prefer to provide support in ways that limit immediate cash expenditure but sometimes generate large costs later. Seeking to provide support without any immediate spending of cash, for example, governments often agree to shoulder project risks and sometimes encounter fiscal...
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INFORMATION
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2003/08/31
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Publication
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26601
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1
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1
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2010/07/01
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Public money for private infrastructure : deciding when to offer guarantees, output-based subsidies, and other fiscal support
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fiscal support
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