Conventional fiscal analysis fails to address contingent fiscal risk. The government budget process and documentation generally fail to scrutinize the substantial claims on public resources that are associated with government contingent liabilities, realized and potential. This report fills gaps...

Intro -- Contents -- Foreword -- Acknowledgments -- Government at Risk: Contingent Liabilities and Fiscal Risks -- Learning to Deal with Fiscal Risks in Government Portfolio -- Dealing with Government Fiscal Risk: An Overview -- Accounting and Financial Accountability to Capture Risk --...