OECD Journal on Budgeting

Frequency :
3 times a year
ISSN :
1681-2336 (online)
ISSN :
1608-7143 (print)
DOI :
10.1787/16812336
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The OECD journal on public sector budgeting, published three times per year. It draws on the best of the recent work of the OECD Working Party of Senior Budget Officials (SBO), as well as special contributions from finance ministries, and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector. Now published as a part of the OECD Journal subscription package.

Also available in: French
Article
 

The United Kingdom Private Finance Initiative

The Challenge of Allocating Risk You do not have access to this content

 
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Author(s):
David Corner
29 May 2006
Pages
17
Bibliographic information
No.:
17,
Volume:
5,
Issue:
3
Pages
37–55
DOI
10.1787/budget-v5-art17-en

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Since 1992, the United Kingdom has used a new type of public-private partnership for the delivery of public services: the Private Finance Initiative. In the design of PFI projects, the assessment of risk, and who is best able to manage it, needs to be carefully considered.