In the pursuit of sustainable outcomes for citizens and firms, there is more to infrastructure development than building assets: investment decisions must take into account the full externality effects of projects over the long term, including employment creation, social and environmental impacts, alignment with broader development strategies, and the mobilisation of adequate resources. That is the ambition of the quality infrastructure agenda adopted by the G20.
Implementing that agenda requires strong institutional capabilities; a stable, transparent and effective regulatory framework; a great deal of technical and financial expertise; as well as the constant refinement of an enabling environment for investors. For many developing and emerging countries, whose sustainable development crucially depends on such quality infrastructure, the challenges can be daunting.
In order to better understand their difficulties, and promote adequate policy responses by developing countries and their partners, the OECD Development Centre has launched a series of analytical studies and dialogues.
|Innovation for Water Infrastructure Development in the Mekong Region||Road and Rail Infrastructure
|Towards Smart Urban Transportation in Southeast Asia, China and India||Quality Infrastructure in 21st Century Africa|
The OECD Compendium of Policy Good Practices for Quality Investment is a reference for policymakers and practitioners in both developed and developing economies.
See more from the OECD on Strategic Policies for Sustainable Infrastructure.