View metadata
| dc.title | State-Owned Enterprises and Fiscal Risks in Peru |
| dc.contributor.author | Ter-Minassian, Teresa |
| dc.contributor.orgunit | Fiscal Management Division |
| dc.coverage | Peru |
| dc.date.available | 2018-03-15T00:00:00 |
| dc.date.issue | 2018-03-13T00:00:00 |
| dc.description.abstract | This paper presents an overview of the SOE sector in Peru, with special focus on the fiscal risks that it may create. The analysis suggests that such risks have generally been contained through a centralized system of governance and controls, including through the holding company, FONAFE. However, this system has also had costs in terms of the SOEs’ efficiency and their ability to plan, finance, and execute needed investments in both the maintenance and the expansion of existing infrastructure. Therefore, the challenge for the Peruvian authorities is to design and implement reforms that, while safeguarding fiscal responsibility and sustainability, would strengthen the SOEs’ incentives to operate efficiently, compete effectively with privateenterprises in the same sector, and improve the access to and the quality of their services to the population. The paper makes a number of suggestions for such reforms. |
| dc.format.extent | 39 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0001022 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/State-Owned-Enterprises-and-Fiscal-Risks-in-Peru.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Fiscal Policy |
| dc.subject | Investment |
| dc.subject | State-Owned Enterprise |
| dc.subject | Fiscal Management |
| dc.subject.jelcode | H30 - Fiscal Policies and Behavior of Economic Agents: General |
| dc.subject.keywords | fiscal risks;state-owned enterprises |
| dc.type | Discussion Papers |
| idb.identifier.pubnumber | Discussion Papers |
| idb.operation | RG-T2566 |