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This note presents practical guidance on how to implement a framework for managing fiscal commitments from Public-Private Partnerships (PPPs). It draws on specific regional operational experience and on World Bank Institute (WBI)'s wider thematic engagement with different partners worldwide. The...
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"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition-stability" view, more market power in the loan market may result...
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objectives of a PCR and how they influence the registry's design. This paper--a product of the Finance Cluster, Latin America and …
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work and impact of all development partners would be enhanced if the multiple linkages between public finance, security …, and development were explicitly taken into account. At the extreme, in some cases better public finance management could … complementary tools to analyze the security sector from the point of view of public finance management, service delivery, and …
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"A resurgence of recent interest in fiscal federalism has been a source of concern among macroeconomic stabilization experts. They argue that a decentralized fiscal system poses a threat to macroeconomic stability as it is incompatible with prudent monetary and fiscal management. The author...
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