Since almost eliminating net debt, the Australian Government%u2019s attention has turned to the financing of broader balance sheet liabilities, such as public sector superannuation. Australia will be developing a significant financial asset portfolio in the %u2018Future Fund%u2019 to smooth the...

"This book explores perspectives on how risks and uncertainties affect the financial stability of individuals and institutions. It contains a serious study of the origins and effects of unpredictable events on individuals and on society and explores how to establish financial stability and...

Public-private partnerships are used to procure public infrastructure. Despite involving private investors and concessionaires, they impact the public budget like traditional provision and create fiscal risks. This paper develops a conceptual framework to assess whether and how public-private...