Weathering the financial crisis

Public–private partnerships and the government response

Authored by: Philippe Burger , Justin Tyson , Izabela Karpowicz , Maria Coelho

The Routledge Companion to Public–Private Partnerships

Print publication date:  February  2013
Online publication date:  March  2013

Print ISBN: 9780415781992
eBook ISBN: 9780203079942
Adobe ISBN: 9781136163302

10.4324/9780203079942.ch13

 Download Chapter

 

Abstract

The recent global economic and financial crisis has generated challenges at all levels of economic policy decisions. Governments in advanced countries and emerging markets faced an urgent need to act concurrently on different fronts: systemically or politically sensitive economic sectors were bailed out; the general downfall in economic activity was counteracted; and vulnerable groups were protected from declining incomes. These costly actions were taken in a context of falling government revenues and shrinking domestic and foreign financing, with medium-to long-term consequences for budgets and debt.

 Cite
Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.