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Government auctions --- Internet auctions --- Government sale of real property --- Government property --- Public buildings --- Real property

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Art auctions --- Painting, European --- Titian, --- Sotheby's (Firm)

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Coins --- Coins, English --- Coins, Ancient --- Commemorative coins --- Auction catalogs --- Numismatic auctions --- Monnaies --- Monnaies anglaises --- Monnaies antiques --- Monnaies commémoratives --- Catalogues de vente --- Numismatique --- Catalogs. --- Catalogs --- Catalogs. --- Catalogs --- Catalogs --- Catalogues --- Catalogues --- Catalogues --- Catalogues --- Vente aux enchères --- Catalogues

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Contingent liabilities create management problems for governments. They have a cost, but judging what the cost is and whether it is worth incurring is difficult. Except in the case of contingent liabilities created by simple guarantees of debt, governments usually can incur contingent liabilities without budgetary approval or recognition in the governments accounts. So governments may prefer contingent liabilities to other obligations. (The uncertainty surrounding contingent liabilities can work differently. It is well known that PPPs create contingent liabilities, and the International Monetary Fund (IMF), the World Bank, and others often warn of the risks. The initial reaction of a cautious Ministry of Finance may be to seek to avoid all contingent liabilities.) Management problems also arise once a government has incurred a contingent liability. Projects need to be monitored to reduce risks if possible. Spending on contingent liabilities must sometimes be forecast, despite the difficulty.

Accounting --- Auctions --- Bankruptcy --- Bankruptcy and Resolution of Financial Distress --- Contracts --- Credibility --- Debt Markets --- Default --- Deposit Insurance --- Developing Countries --- Discount Rate --- Equity --- Exchange Rates --- Expenditures --- Finance and Financial Sector Development --- Financial Crisis --- Financial Management --- Gross Domestic Product --- Inflation --- Information Technology --- Insurance --- Political Economy --- Property Rights --- Public Sector Development --- Risk Management --- Rule of Law --- Securities --- Tariffs --- Transparency --- Transport

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Contingent liabilities create management problems for governments. They have a cost, but judging what the cost is and whether it is worth incurring is difficult. Except in the case of contingent liabilities created by simple guarantees of debt, governments usually can incur contingent liabilities without budgetary approval or recognition in the governments accounts. So governments may prefer contingent liabilities to other obligations. (The uncertainty surrounding contingent liabilities can work differently. It is well known that PPPs create contingent liabilities, and the International Monetary Fund (IMF), the World Bank, and others often warn of the risks. The initial reaction of a cautious Ministry of Finance may be to seek to avoid all contingent liabilities.) Management problems also arise once a government has incurred a contingent liability. Projects need to be monitored to reduce risks if possible. Spending on contingent liabilities must sometimes be forecast, despite the difficulty.

Accounting --- Auctions --- Bankruptcy --- Bankruptcy and Resolution of Financial Distress --- Contracts --- Credibility --- Debt Markets --- Default --- Deposit Insurance --- Developing Countries --- Discount Rate --- Equity --- Exchange Rates --- Expenditures --- Finance and Financial Sector Development --- Financial Crisis --- Financial Management --- Gross Domestic Product --- Inflation --- Information Technology --- Insurance --- Political Economy --- Property Rights --- Public Sector Development --- Risk Management --- Rule of Law --- Securities --- Tariffs --- Transparency --- Transport