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Towe, 1990 - Google Patents

Government Contingent Liabilities and the Measurement of Fiscal Impact

Towe, 1990

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Document ID
3075598803332315727
Author
Towe C
Publication year

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Snippet

Conventional fiscal accounting methodologies do not appropriately account for governmentsnoncash policies, such as their contingent liabilities. When these liabilities are called, budget costs can be large, as evidenced by the United Statessaving and loan crisis …
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