Regional Development

Investing Together: Working Effectively Across Levels of Government


Investing together


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Executive summary (pdf)


Why "Investing Together"?


Public investment is not only a major strategic responsibility for governments but also a shared one: almost two-thirds of public investment is undertaken by sub-national governments and major projects tend to involve more than one government level.


In a tight fiscal landscape, improving the efficiency and effectiveness of investment, while maximising its impact on growth outcomes, is paramount. Identifying and addressing the governance bottlenecks that impede smooth co-ordination across levels of government can make a significant contribution towards reaching that end.


This report dissects the relationships different government actors form vertically, across levels of government, and also horizontally, across both sectors and jurisdictions. Sub-national actors also need to be equipped with the right skills and resources to carry out their responsibilities and to engage with stakeholders, across the public, private and civil society sectors.


This report offers a toolkit to policy makers to assess their needs for capacity development.

Priniciples on Effective Public Investment

This report serves as a basis for the Principles on Public Investment in process to become an OECD instrument.

The report is based in part on a national questionnaire responded to by 23 countries and seven regional case studies. Data on sub-national finances as well as analyses of the impact of both of the quality of government and the level of public investment on growth underpin the analysis.

The report also offers a practical toolkit to help identify the binding capacity constraints of sub-national governments so as to sequence capacity building efforts.

  Principles on Public Investment
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