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Public-private partnerships from budget constraints: Looking for debt hiding?

Numéro: 2016-1 Marco BUSO, Frederic MARTY, and Phuong Tra TRAN – Public-Private Partnerships from Budget Constraints: Looking for Debt Hiding? Résumé : The use of Public-Private Partnerships (PPPs) to realize and operate public infrastructures is often associated with fiscal circumventing motivations.Using data at the municipal level, this paper investigates whether budget-constrained public authorities adopt PPPs in order to hide public debts.…

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