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Author: OECD Publisher: OECD Publishing ISBN: 9264197028 Category : Languages : en Pages : 168
Book Description
Almost two-thirds of public investment is undertaken by sub-national governments and major projects often involve multiple government levels. This report dissects the relationships different government actors form vertically, across levels, and horizontally, across both sectors and jurisdictions
Author: OECD Publisher: OECD Publishing ISBN: 9264197028 Category : Languages : en Pages : 168
Book Description
Almost two-thirds of public investment is undertaken by sub-national governments and major projects often involve multiple government levels. This report dissects the relationships different government actors form vertically, across levels, and horizontally, across both sectors and jurisdictions
Author: OECD Publisher: OECD Publishing ISBN: 926454030X Category : Languages : en Pages : 264
Book Description
The Welsh Government has set an ambitious and innovative path for regional development and public investment – one focused on generating growth and increasing productivity, while also reducing territorial disparities and ensuring the well-being of citizens, now and in the future. Yet, it faces significant challenges, accentuated by limited fiscal decentralisation and changes to public investment financing post-Brexit.
Author: Lee Mizell Publisher: ISBN: Category : Governance Languages : en Pages : 71
Book Description
Growth and jobs are top concerns for policy makers confronting difficult economic conditions in many OECD countries. Sub-national governments are important contributors to national growth, but in many cases their economies are struggling as well. Faced with tight fiscal conditions, all levels of government must achieve policy goals with fewer resources. This is particularly true for public investment, a potentially growth-enhancing form of public expenditure which numerous governments are reducing to meet other (current) financial obligations. Even where public investment is stable or increasing, governments may want to improve returns to public and private investment. On average, nearly two-thirds of public investment in OECD countries occurs at the sub-national level. Clearly then, any discussion of improving returns to investment must address the capacities of sub-national governments to invest effectively. Unfortunately, the implementation of recovery packages across OECD countries revealed that both national and sub-national actors may lack the appropriate tools and governance arrangements to make the best use of investment funds. Taking this finding as its starting point, this paper seeks to 1) identify capacities that enable sub-national governments to design and implement sound public investment strategies for regional development, and 2) provide practical guidance for assessing and strengthening these capacities in a context of multi-level governance.
Author: OECD Publisher: OECD Publishing ISBN: 9789264114456 Category : Languages : en Pages : 200
Book Description
During the crisis, many countries invested in infrastructure as part of their stimulus packages, and sub-national governments played an implementing role. This book examines the challenges faced in multi-level governance.
Author: OECD Publisher: OECD Publishing ISBN: 9264253262 Category : Languages : en Pages : 110
Book Description
The Slovak Republic has undergone significant change in the past decade. While growth has been impressive compared to OECD countries overall, but benefits have not accrued equally across the country. This study provides recommendations to make the most of public investment in the Slovak Republic.
Author: OECD Publisher: OECD Publishing ISBN: 926430486X Category : Languages : en Pages : 136
Book Description
This report focuses on the challenges of governing infrastructure investment and public-private partnerships (PPPs) at the subnational level. Subnational governments – cities and regions – play a vital role in the infrastructure landscape.
Author: OECD Publisher: OECD Publishing ISBN: 9264114475 Category : Languages : en Pages : 202
Book Description
During the crisis, many countries invested in infrastructure as part of their stimulus packages, and sub-national governments played an implementing role. This book examines the challenges faced in multi-level governance.
Author: Dorothee Allain-Dupré Publisher: ISBN: Category : Governance Languages : en Pages : 63
Book Description
Over 2008-11, most OECD countries switched from highly expansive fiscal policies to the tightest in decades. During the crisis and subsequent recession in 2008-09, many OECD and G20 countries implemented stimulus packages, which in some cases amounted to 4% or more of GDP. On the expenditure side, the fiscal programmes typically focused on public investment. Given their large traditional role in public investment in OECD countries, sub-national governments (SNGs) have played an important role in implementing investment recovery strategies. For future investment strategies it is important to learn about obstacles encountered across levels of government and the instruments that facilitated implementation. The crisis has made more obvious the multi-level governance challenges - in particular fiscal, policy, capacity or administrative challenges - that are inherent to decentralised political systems. Co-ordination across levels of government has proven critical for targeting investment priorities, ensuring coherence in fiscal policy and facilitating the implementation of national strategies during the crisis. As stimulus packages are phased out, many countries are planning some combination of spending cuts and tax increases in 2011-12. To avoid simply shifting the problem from the centre to the regions, co-ordinated efforts from all levels of government are required to accommodate appropriate budget cuts for fiscal consolidation and better prioritise investment in what unlocks each region?s potential to restore growth. Both the stimulus and the process of fiscal consolidation highlight the need to foster and improve policy co-ordination, transparency and information sharing across levels of government.
Author: OECD Publisher: OECD Publishing ISBN: 9264293019 Category : Languages : en Pages : 142
Book Description
This report takes stock of discussions between academics and country practitioners on opportunities to improve the design and delivery of regional development policies in a series of seminars organised during 2017 by the OECD and the European Commission. What can governments do to enhance ...
Author: OECD
Author: OECD
Author: OECD
Author: OECD
Author: Lee Mizell
Author: OECD
Author: OECD
Author: OECD
Author: OECD
Author: Dorothee Allain-Dupré
Author: OECD