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Policy Framework for Investment

A Review of Good Practices

image of Policy Framework for Investment
OECD's Policy Framework for Investment is designed to encourage policy makers to ask appropriate questions about their economy, their institutions and their policy settings in order to identify their priorities, to develop an effective set of policies and to evaluate progress. This Review of Good Practices in OECD and non-OECD economies is published as a companion volume to the Framework and provides analytical background material on each of the ten chapters of the Framework.

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Public Governance

The debate on the links between public governance, investment and development has taken on greater urgency as the interconnectedness of economies intensifies. Investment decisions of citizens and foreigners are directly influenced by their understanding of how public policies and laws are formulated and enforced. Just as there is no single model for good public governance in developed countries, there is no single model with fixed stages of transformation for developing countries. Nevertheless, there are commonly accepted standards of public governance to assist governments in assuming their roles effectively.

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