Public Investment and Public-Private Partnerships: Addressing Infrastructure Challenges and Managing Fiscal Risks

Preface Foreword; T.Ter-Minassian Introduction; G.Schwartz, A.Corbacho & K.Funke PART I: PUBLIC INVESTMENT AND FISCAL POLICY IN EUROPE Public Capital and Economic Growth: Key Issues for Europe; J.de Haan, W.Romp & J.-E.Sturm A Primer on Public Investment in Europe; E.Per?e & T.V?lil? Challenges for Public Investment in New EU Member States; A.Jev??k & F.Keereman Budgeting of Public Investments; E.Tandberg Comments on Part I; C.Kamps Comments on Part I; C.Rosenberg PART II: FISCAL RISKS FROM PPPs PPPs and Fiscal Risks: Should Governments Worry?; A.Corbacho & G.Schwartz Controlling Spending Commitments in PPPs; T.Irwin PPPs and Fiscal Risks: Experience of Portugal; R.S.Monteiro Comments on Part II; G.Kiss Comments on Part II; M.Mrsnik PART III: THE INSTITUTIONAL ENVIRONMENT FOR PPPs The OECD Principles for Private Sector Participation in Infrastructure; H.Christiansen Legal Regimes for PPPs in Central and Eastern Europe; A.Zverev Combining PPPs with EU Grants; H.Goldsmith Managing PFI Projects in the United Kingdom; E.Farquharson Negotiating and Renegotiating PPPs and Concessions; L.A.Andres & J.L.Guasch Comments on Part III; D.Bergvall PART IV: PPP ACCOUNTING, REPORTING AND AUDITING PPPs: Some Accounting and Reporting Issues; R.Hemming IPSASB: Service Concession Arrangements; M.Hathorn Accounting for PPPs: The Eurostat Approach; P.de Rougemont Framework for PPP Audits in the United Kingdom; P.Leahy PPP Audits in Portugal; F.Machado Hungary's Audit Experience with PPPs; G.B?ger Comments on Part IV; K.Sereg?lyes Comments on Part IV; J.Ramallo-Massanet