This study aims to contribute to understanding the potential risks and impacts of both explicit and implicit contingent liability shocks on government fiscal and debt positions in the EFSD recipient countries. Special attention is paid to the significance of state-owned enterprises and their...

Russian Abstract: Исследование отвечает на вопрос о потенциальных рисках реализации прямых и косвенных условных обязательств и их влиянии на бюджетные и долговые...