Research on fiscal control in Public-Private Partnerships of city infrastructure

Author

Miao Zhuang

Author_Institution

Sch. of Econ. & Manage., Wuhan Univ., Wuhan, China

fYear

2014

fDate

8-9 May 2014

Firstpage

1

Lastpage

4

Abstract

Public-Private Partnerships long-term contract is not consistent with government´s short-term budget. It may bring government certain fiscal risks in medium and long term. According to the results of Analytic Hierarchy Process (AHP) analysis, we found that government guarantees, project risks and future expenditure commitments government assuming are main factors of fiscal risks in PPPs. In order to control fiscal risks in PPPs effectively, we suggest reasonable PPPs selection, optimal project risks allocation, perfect PPPs supporting policies and legal system, strict supervision and comprehensive government budget and accounting system.

Keywords

analytic hierarchy process; government; public administration; risk management; AHP analysis; PPP selection; accounting system; analytic hierarchy process; city infrastructure; expenditure commitments; fiscal control; government budget; government guarantees; legal system; long-term contract; project risks; public-private partnerships; Analytical models; Conferences; Contracts; Investment; Local government; Resource management; AHP; PPPs; fiscal risks;

fLanguage

English

Publisher

ieee

Conference_Titel

Electronics, Computer and Applications, 2014 IEEE Workshop on

Conference_Location

Ottawa, ON

Type

conf

DOI

10.1109/IWECA.2014.6845541

Filename

6845541