Making the Most of Public Investment in the Eastern Slovak Republic
The Slovak Republic joined the European Union in 2004, the Schengen area in 2007 and
the euro in 2009. These events, coupled with decentralisation reform and the creation
of administrative regions, have brought significant change. While overall growth has
been impressive compared to OECD countries overall, benefits have not accrued equally
across the country. Public investment could potentially improve regional conditions
and attract private funding, but governance bottlenecks stand in the way. This case
study shows that the main obstacles to effective public investment are linked to high
local fragmentation as well as the challenges national and subnational administrations
face in designing and implementing investment strategies that correspond to local
needs. Drawing on a detailed set of indicators, the study provides recommendations
to address these challenges and make the most of public investment in the Slovak Republic.
Published on April 01, 2016
In series:OECD Multi-level Governance Studiesview more titles