Another Look at Governments Balance Sheets is popular PDF and ePub book, written by Ms.Elva Bova in 2013-05-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Another Look at Governments Balance Sheets can be Read Online from any device for your convenience.
Another Look at Governments Balance Sheets Book PDF Summary
When discussing debt reduction strategies, little attention has been given to the role of governments’ nonfinancial assets. This is in part because data are scarce. Drawing on various data sources, this paper looks at the size, composition, and management of state-owned nonfinancial assets across 32 economies, with particular focus on the advanced G-20 economies. We find that reported nonfinancial assets comprise mostly structures (such as roads and buildings) and,when valued, land. These assets have increased over time, mostly due to higher property and commodity prices, and are, in large part, owned by subnational governments. Many countries have launched reforms with a view to streamlining public administrations, but receipts and savings have been rather small so far. Governments tend to consider relatively small sets of assets to be disposable, though preferences could change in the future. A potential source for future revenues could be greater reliance on user charges, such as road tolls. In most cases, a first step for more effective asset management has to be the expansion and improvement of data compilation.
Detail Book of Another Look at Governments Balance Sheets PDF
- Author : Ms.Elva Bova
- Release : 02 May 2013
- Publisher : International Monetary Fund
- ISBN : 9781484316184
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 14,8 Mb
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