Winter 2012
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The Public Manager

Creating Public-Private Partnerships as a Fiscal Strategy

Monday, December 24, 2012

The public-sector environment has changed in the past four years. Reports from the Government Accountability Office (GAO) and other researchers note that all levels of government will experience fiscal shortfalls stretching far into the future, even assuming normal economic growth.

The GAO's study of state and local units of government forecast that the reductions will continue to grow by tenfold over the next 20 years if current policies continue. Furthermore, the transformation we are exp

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