DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/069e2e/making_the_most_of) has announced the addition of OECD Publishing's new report "Making the Most of Public Investment in a Tight Fiscal Environment: Multi-level Governance Lessons from the Crisis" to their offering.
OECD member countries and regions currently face a narrow path to long-term growth. As stimulus packages are phased out, the priority of many OECD member countries is to restore fiscal sustainability. In 2011, gross government debt is expected to exceed 100% of GDP in the OECD area, with some countries moving well beyond this figure. After the stimulation period of 2008-09, public investment is now a target of cuts in many countries and regions, and seems in some cases to be used as the adjustment variable. Faced with the challenge of supporting growth in such a tight fiscal environment, national and sub-national governments face the imperative of doing better with less.
How to make the most of public investment? This question is critical in today's tight fiscal environment. Given that sub-national governments in OECD countries carry out more than two thirds of total capital investment, they have played a key role in executing national stimulus packages during the global crisis. The effectiveness of recovery strategies based on public investment thus depends largely on the arrangements between levels of government to design and implement the investment mix.
Key Topics Covered:
- PART I. OVERVIEW OF KEY CHALLENGES
- Sub-national governments: key implementers of public investment during the crisis
- Prioritising investment in crisis situations: key challenges
- Overcoming obstacles to implementation: the need for co-ordination
- Making the most of public investment in times of austerity
- PART II. COUNTRY CASES
- Chapter 1. Australia
- Chapter 2. Canada
- Chapter 3. France
- Chapter 4. Germany
- Chapter 5. Korea
- Chapter 6. Spain
- Chapter 7. Sweden
- Chapter 8. United States
For more information visit http://www.researchandmarkets.com/research/069e2e/making_the_most_of.