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008			171201s2017 ||| o i|0| 0 eng d
035			_a(FR-PaOEC)
040			_aFR-PaOEC
084			_aH68 _2jelc
084			_aH63 _2jelc
084			_aH84 _2jelc
084			_aH81 _2jelc
084			_aH3 _2jelc
084			_aH54 _2jelc
084			_aH7 _2jelc
084			_aH12 _2jelc
100	1		_aGamper, Catherine.
245	1	0	_aManaging disaster-related contingent liabilities in public finance frameworks _h[electronic resource] / _cCatherine Gamper ... [et al]
260			_aParis : _bOECD Publishing, _c2017.
300			_a35 p.
490	1		_aOECD Working Papers on Public Governance, _x19934351 ; _vno.27
520	3		_aNatural disasters have caused, and continue to cause, a significant amount of economic costs. The costs of disasters are often, and to a large extent, shouldered by governments, especially in economies where private insurance markets are not well developed. Governments are asked to provide financing for explicit commitments made prior to a disaster, and are often under pressure to make payments for which no such commitments were made earlier. Ex-post costs to governments take the form of contingent liabilities within national budgeting and government balance sheet frameworks. Disasters can thereby cause both downside risks to government revenue as well as to expenditure. There is little evidence, and hence limited policy advice, on how disaster-related contingent liabilities are managed by governments. This paper sets out to clarify the concept of contingent liabilities and the channels through which they can impact government balance sheets, including fiscal risks. It provides a framework for identifying and quantifying disaster-related contingent liabilities with a view to inform country case studies for comparative policy analysis.
650		4	_aGovernance
700	1		_aSigner, Benedikt.
700	1		_aAlton, Luis.
700	1		_aPetrie, Murray. _918477
830		0	_aOECD Working Papers on Public Governance, _x19934351 ; _vno.27.
856	4	0	_aoecd-ilibrary.org _uhttps://s443-doi-org.br.lsproxy.net/10.1787/a6e0265a-en
942			_2ddc _cW-PAPER
999			_c363740 _d322302