Contingent liabilities create management problems for governments. They have a cost, but judging what the cost is and whether it is worth incurring is difficult. Except in the case of contingent liabilities created by simple guarantees of debt, governments usually can incur contingent liabilities without budgetary approval or recognition in the government's accounts. So governments may prefer contingent liabilities to other obligations. (The uncertainty...
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INFORMACIÓN
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2016/01/01
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Documento de trabajo
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101491
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1
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1
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2016/09/07
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Disclosed
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管理或有负债的公营-私营伙伴关系 ︰ 在澳大利亚、 智利和南非的实践
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contingent liabilities