Public Investment and Public-Private Partnerships (eBook)

LUIS ALBERTO ANDRES Economist, World Bank GUSZTÁV BÁGER Director General, State Audit Office, Hungary DANIEL BERGVALL Project Manager, OECD HANS CHRISTIANSEN Senior Economist, OECD JAKOB DE HAAN Professor, University of Groningen PHILIPPE DE ROUGEMONT Economist, Eurostat EDWARD FARQUHARSON Project Director, Partnerships UK HUGH GOLDSMITH PPP Coordinator, European Investment Bank JOSE LUIS GUASCH Senior Advisor, World Bank MIKE HATHORN Chair, International Public Sector Accounting Standards Board RICHARD HEMMING Deputy Director, International Monetary Fund TIMOTHY IRWIN Senior Economist, World Bank ANTON JEV?ÁK Desk Officer, EU Commission CHRISTOPHE KAMPS Senior Economist, European Central Bank FILIP KEEREMAN Head of Unit, EU Commission GÁBOR KISS Principal Economist, Central Bank of Hungary PATRICIA LEAHY Director, National Audit Office, UK FRANCISCO MACHADO Auditor, Court of Auditors, Portugal RUI SOUSA MONTEIRO Senior Economist, Parpública S.A. MARKO MR NIK Economist, EU Commission ERIC PERÉE Associate Director, European Investment Bank JUAN RAMALLO-MASSANET Member of the Court, European Court of Auditors WARD ROMP Researcher, University of Amsterdam CHRISTOPH B. ROSENBERG Senior Resident Representative, International Monetary Fund KÁLMÁN SEREGÉLYES Deputy Director General, Ministry of Finance of the Republic of Hungary JAN-EGBERT STURM Professor, Eidgenössische Technische Hochschule Zurich EIVIND TANDBERG Regional Advisor South East Europe, International Monetary Fund TERESA TER-MINASSIAN Director, International Monetary Fund TIMO VÄLILÄ Senior Economist, European Investment Bank ALEXEI ZVEREV Senior Counsel, European Bank for Reconstruction and Development.

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.Perée & T.Välilä Challenges for Public Investment in New EU Member States; A.Jev?ák & 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.Mršnik 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.Báger Comments on Part IV; K.Seregélyes Comments on Part IV; J.Ramallo-Massanet