The Public-Private Partnerships and the Fiscal Soundness of Local Governments in Korea
This paper studies the risks associated with local finance in Korea by identifying the financial status of each local government, including the financial burdens of PPP projects, and examined governmental future burdens related to PPP projects. We reviewed all fiscal burdens associated with projects...
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Format: | Article |
Language: | English |
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Korea Development Institute
2017-03-01
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Series: | KDI Journal of Economic Policy |
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Online Access: | https://doi.org/10.23895/kdijep.2017.39.1.41 |