Browsing HWS Faculty Publications by Author "Cheng, Shaoming"

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The impact of local government fiscal gaps on public-private partnerships: government demand and private sector risk aversion

Xiong, Min; Cheng, Shaoming; Guo, David; Zhao, Jerry Zhirong (Routledge, 2022-09-15)

While government fiscal gap is traditionally considered a demand factor for the use of public-private partnerships (PPPs) to deliver public services, a high level of fiscal gap may signal elevated financial risks to private ...