01917cas a2200289 a 4500 AALejournalIMF021278 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513557502 1018-5941 BD-DhAAL BD-DhAAL Baum, Anja. Managing Fiscal Risks from State-Owned Enterprises / Anja Baum, Paulo Medas, Alberto Soler, Mouhamadou Sy. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (43 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Ensuring that state-owned enterprises (SOEs) are efficient and managed prudently is important for economic and social reasons. It is also crucial to contain fiscal risks and reduce the burden on taxpayers from recurrent and large bailouts. Governments need to develop stronger capacity to monitor and mitigate the risks from SOEs. We present a risk tool to benchmark the performance of SOEs relative to their peers and assess their vulnerabilities, including through stress tests. A strategy to mitigate risks requires the right incentives for managers to perform and for government agencies to conduct effective oversight. Incorporating SOEs in overall fiscal targets would promote greater fiscal discipline and transparency. Mode of access: Internet Fiscal Policy imf Medas, Paulo. Soler, Alberto. Sy, Mouhamadou. IMF Working Papers; Working Paper ; No. 2020/213 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/213/001.2020.issue-213-en.xml IMF e-Library