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Author: OECD
Publisher: OECD Publishing
Published: 2018-11-12
Total Pages: 136
ISBN-13: 926430486X
DOWNLOAD EBOOK →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: Collectif
Publisher: OECD
Published: 2018-11-12
Total Pages: 136
ISBN-13: 9789264308701
DOWNLOAD EBOOK →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. Infrastructure needs in energy, transport, water and telecommunications are substantial, estimated at USD 6.3 trillion per year between 2016 and 2030. In a tight fiscal environment, it is critical to diversify sources of financing for infrastructure investment and PPPs represent an alternative to traditional government procurement with the potential to improve value for money. However, PPPs are complex and sometimes risky arrangements that require capacity that is not always readily available in government, in particular at the subnational level. This report examines the challenges of using PPPs at the subnational level and ways to address them. It does so by focusing on three case studies: subnational PPPs in France, local Private Finance Initiative (PFI) projects in the United Kingdom, and PPPs in Virginia (United States).
Author: Oecd
Publisher:
Published: 2018-11-20
Total Pages: 136
ISBN-13: 9789264304857
DOWNLOAD EBOOK →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. Infrastructure needs in energy, transport, water and telecommunications are substantial, estimated at USD 6.3 trillion per year between 2016 and 2030. In a tight fiscal environment, it is critical to diversify sources of financing for infrastructure investment and PPPs represent an alternative to traditional government procurement with the potential to improve value for money. However, PPPs are complex and sometimes risky arrangements that require capacity that is not always readily available in government, in particular at the subnational level. This report examines the challenges of using PPPs at the subnational level and ways to address them. It does so by focusing on three case studies: subnational PPPs in France, local Private Finance Initiative (PFI) projects in the United Kingdom, and PPPs in Virginia (United States).
Author: Collectif
Publisher: OECD
Published: 2018-11-12
Total Pages: 136
ISBN-13: 9264308709
DOWNLOAD EBOOK →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. Infrastructure needs in energy, transport, water and telecommunications are substantial, estimated at USD 6.3 trillion per year between 2016 and 2030. In a tight fiscal environment, it is critical to diversify sources of financing for infrastructure investment and PPPs represent an alternative to traditional government procurement with the potential to improve value for money. However, PPPs are complex and sometimes risky arrangements that require capacity that is not always readily available in government, in particular at the subnational level. This report examines the challenges of using PPPs at the subnational level and ways to address them. It does so by focusing on three case studies: subnational PPPs in France, local Private Finance Initiative (PFI) projects in the United Kingdom, and PPPs in Virginia (United States).
Author: OECD
Publisher: OECD Publishing
Published: 2016-10-13
Total Pages: 235
ISBN-13: 9264265287
DOWNLOAD EBOOK →This study examines the multi-level governance framework for public investment in Colombia.
Author: OECD
Publisher: OECD Publishing
Published: 2013-12-05
Total Pages: 168
ISBN-13: 9264197028
DOWNLOAD EBOOK →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
Published: 2022-06-22
Total Pages: 181
ISBN-13: 9264595147
DOWNLOAD EBOOK →Green budgeting is emerging at subnational levels as an important tool for regions and cities to use to align their expenditure and revenues with their green objectives, and enhance the transparency and accountability of their climate and environmental action. It is also a tool that subnational governments can use to prioritise low-carbon investments and identify funding gaps, as well as to mobilise additional sources of both private and public climate finance.
Author: OECD
Publisher: OECD Publishing
Published: 2011-08-16
Total Pages: 202
ISBN-13: 9264114475
DOWNLOAD EBOOK →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: Allain-Dupré Dorothée
Publisher:
Published: 2017
Total Pages: 36
ISBN-13:
DOWNLOAD EBOOK →Abstract: Public investment is one of the fiscal tools with the strongest impacts on growth over the long term. However, public investment is in decline compared to the period prior to the 2008 global financial crisis in many OECD countries, and particularly in the EU. The main explanation for the decreased resources available for investment comes from the expenditure side. Subnational governments (SNGs)"defined as all levels of government (regional and local) below the national level, are responsible for a large share of public investment: on average, around 60 per cent in the OECD. Most of this public investment goes to infrastructure. This particular role of SNGs poses specific challenges for both the financing and governance of infrastructure investment. This paper focuses on subnational public investment in OECD countries and the EU, and shows that subnational governments have decreased their capital expenditures after 2010. This adjustment has been larger than at the central government level. The paper argues that only a limited diversification of public investment financing has occurred since 2010. The paper also argues that, beyond the sheer volume of investment spending, the governance of subnational investment is essential to efficient public investment. Based on a 2015 survey of 255 subnational governments in the EU, this paper explores specific challenges that subnational governments encounter in managing capital expenditures, and possible ways to improve the quality of governance of subnational investments
Author: OECD
Publisher: OECD Publishing
Published: 2020-09-17
Total Pages: 264
ISBN-13: 926454030X
DOWNLOAD EBOOK →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.
