OECD Public Governance Reviews

English
ISSN: 
2219-0414 (online)
ISSN: 
2219-0406 (print)
http://dx.doi.org/10.1787/22190414
Hide / Show Abstract

This series includes international studies and country-specific reviews of government efforts to make the public sector more efficient, effective, innovative and responsive to citizens’ needs and expectations. Publications in this series look at topics such as open government, preventing corruption and promoting integrity in the public service, risk management, illicit trade, audit institutions, and civil service reform. Country-specific reviews assess a public administration’s ability to achieve government objectives and preparedness to address current and future challenges. In analysing how a country's public administration works, reviews focus on cross-departmental co-operation, the relationships between levels of government and with citizens and businesses, innovation and quality of public services, and the impact of information technology on the work of government and its interaction with businesses and citizens.

 

Also available in French, Spanish
 
Integrity Framework for Public Investment

Integrity Framework for Public Investment You do not have access to this content

English
Click to Access: 
    http://oecd.metastore.ingenta.com/content/4216031e.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/governance/integrity-framework-for-public-investment_9789264251762-en
  • READ
Author(s):
OECD
29 Feb 2016
Pages:
96
ISBN:
9789264251762 (PDF) ;9789264251755(print)
http://dx.doi.org/10.1787/9789264251762-en

Hide / Show Abstract

Public investment, and particularly infrastructure investment, is important for sustainable economic growth and development as well as public service provision. However, it is also vulnerable to capture and corruption. This publication examines the direct and indirect benefits of public investment if carried out in a clean and efficient manner. It provides a Framework for Integrity in Public Investment, mapping out risks of corruption at each phase of the investment cycle. It also identifies tools and mechanisms to promote integrity in the public investment cycle and provides examples of their successful implementation in both the public and private sectors.

Also available in French
loader image

Expand / Collapse Hide / Show all Abstracts Table of Contents

  • Mark Click to Access
  • Foreword and Acknowledgements

    Investment ? whether funded publicly, privately, or jointly ? can be a driver of sustainable economic growth and development, and is necessary for the provision of basic services. However, given the often impressive monetary and political gains at stake, investment, and particularly infrastructure investment, can also be vulnerable to capture and corruption. Indeed, large-scale infrastructure projects are, unfortunately, often associated with political pandering, bribery, and collusion. Recent evidence from the OECD Foreign Bribery Report, for instance, found that almost 60% of foreign bribery cases occurred in four sectors related to infrastructure.

  • Executice summary

    “Corruption is one of the most toxic impediments to efficient and effective investment.” - Angel Gurría, OECD Secretary-General, 2015 OECD Integrity Forum

  • Integrity in public investment for sustainable economic growth

    Public investment is an essential element for sustainable economic growth which also could result in significant consequences when it is not properly carried out. In this regard, avoiding capture in public investment projects is crucial in order to maximise its economic and social benefits. Building on this idea, this chapter maps out the integrity risks associated with each phase of the public investment cycle in order to appropriately address the integrity risks resulting from the complexity and the multiple stakeholders involved in public investment projects.

  • Framework to promote integrity in public investment

    The Integrity Framework for Public Investment provides concrete measures and mechanisms that could be employed at each phase of the public investment cycle in order to safeguard integrity. In addition, this chapter provides more than 40 examples of good implementation measures and mechanisms already existing in the public and private sectors.

  • Add to Marked List
 
Visit the OECD web site