The PFI User’s Toolkit supports the implementation of the PFI. For each question in each of the ten policy chapters, the Toolkit provides:
The PFI is a flexible instrument and hence this Toolkit has been designed to meet the needs of multiple PFI applications. Governments might use the Toolkit to assist in any of the following:
There is no blueprint for mobilising investment. PFI users have to develop their own strategy, based on their institutional capacity and specific economic context, and tailored to their needs and resources.
So many policies and practices in so many areas can affect investment conditions that the Toolkit cannot address each policy domain in detail. Users of the Toolkit will find links and references to a wealth of additional tools and resources that provide more in-depth policy guidance in areas such as tax administration, fighting corruption and on issues such as creating an investment promotion agency. The Toolkit is similar to a knowledge library and should be used accordingly.
Not all PFI users will need to use each part of the Toolkit and every chapter of the policy guidance. For example, countries that use the PFI on a regular basis and have determined where priorities for reform lie are likely to focus only on a few specific areas of the Toolkit’s policy guidance. And not every PFI application will wish to score how it is performing.
Users should not be put off by the Toolkit’s length. The modular approach of the Toolkit’s design enables users to access only those parts that are necessary to their PFI application. At a minimum, this will typically involve reading the introduction to the policy chapter section and then the chosen policy chapters. The modular approach implies some necessary repetition in this Toolkit.
The Toolkit has been developed under the auspices of the OECD Investment Committee and its non-OECD partners. It draws on expertise from the following OECD bodies: Trade, Competition, Fiscal Affairs, Public Governance, and Education Committees, as well as the Steering Group on Corporate Governance and the Working Group on Bribery in International Business Transactions.
The Toolkit has also benefited from extensive comments and reactions from pilot users in several international forums, such as the OECD Global Forum on International Investment and through the NEPAD-OECD Africa Investment Initiative. These meetings help to vet the user-friendliness, relevance and practicality of specific parts of the guidance in different economic and geographical contexts.