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Contingent Liabilities : A Threat to Fiscal Stability

The economic policy note discusses the issue of serious fiscal instability faced by many governments as a result of their contingent liabilities, which are associated with major hidden fiscal risks. Direct liabilities are predictable obligations th...

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Bibliographic Details
Main Author: Polackova, Hana
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
AUTHORITY
BALANCE SHEETS
BANK BAILOUTS
BANK FAILURES
BUDGET EXPENDITURES
CENTRAL GOVERNMENTS
CONTINGENT LIABILITIES
CROP INSURANCE
DEPOSIT INSURANCE
DISCLOSURE
ECONOMICS
EXCHANGE RATE
FINANCIAL RISKS
FINANCIAL SECTOR
FINANCIAL STABILITY
FINANCIAL SYSTEM
FISCAL
FISCAL POLICY
FISCAL PRESSURES
FISCAL SUSTAINABILITY
FISCAL TRANSPARENCY
FISCAL YEAR
FLOOD INSURANCE
FOREIGN EXCHANGE
GOVERNMENT POLICIES
GOVERNMENT PROGRAMS
HEALTH CARE
HEALTH CARE FINANCING
INFORMATION DISCLOSURE
INSURANCE
MARKET INSTITUTIONS
MINISTRY OF FINANCE
MORAL HAZARD
MORTGAGE LOANS
PENSIONS
POLICY RESEARCH
PRESIDENCY
PRIVATE PENSION FUNDS
PRIVATE SECTOR
PUBLIC AGENCIES
PUBLIC DEBT
PUBLIC FINANCE
PUBLIC FINANCING
PUBLIC INVESTMENTS
PUBLIC RESOURCES
RATING AGENCIES
RESERVE £ ADEQUACY
RISK ASSESSMENT
RISK FACTORS
RISK INSURANCE
RISK MANAGEMENT
RISK PREFERENCE
SOCIAL SECURITY
STATE GUARANTEES
SUBNATIONAL GOVERNMENTS FISCAL PRESSURES
FISCAL MANAGEMENT
CONTINGENT LIABILITY
POLICY REFORM
RISKS
ECONOMIC POLICY
Online Access:http://documents.worldbank.org/curated/en/1998/11/438760/contingent-liabilities-threat-fiscal-stability
http://hdl.handle.net/10986/11522

Internet

http://documents.worldbank.org/curated/en/1998/11/438760/contingent-liabilities-threat-fiscal-stability
http://hdl.handle.net/10986/11522

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