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The World Observatory on Subnational Government Finance and Investment (SNG-WOFI) was launched in November 2017, as a joint endeavour of the Organisation for Economic Co-operation and Development (OECD) and United Cities and Local Government (UCLG).
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Rationale
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At the global level, subnational governments are key economic and social players. They represent around one quarter of overall public spending and 37% of total public investment worldwide. There is a growing demand worldwide from national and subnational governments, academics, development banks, donors, and NGOs, for relevant, reliable, objective and comparative information and data presented in a systematic way on different topics regarding multi-level governance and finance. Previously, it was not easy to find these data in standardised/comparative forms. The SNG-WOFI initiative helps bridge this gap. By collecting and analysing standardised indicators and information, it aims to raise the level of knowledge on multi-level governance and finance nurture and strengthen the dialogue across all levels of government, at the international, national and subnational levels. |
Objectives
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The objectives of the SNG-WOFI initiative are three-fold:
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Partners
Lead partners
Organisation for Economic Co-operation and Development (OECD) OECD analyses and compares data to predict future trends, as well as sets international standards on a wide range of topics. Within the OECD, the Centre for Entrepreneurship, SMEs, Regions and Cities helps local and national governments unleash the potential of entrepreneurs and small and medium-sized enterprises, promote inclusive and sustainable regions and cities, boost local job creation and implement sound tourism policies. |
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United Cities and Local Government (UCLG) UCLG represents and defends the interests of local governments on the world stage, with the mission to be the united voice and world advocate of democratic local self-government, promoting its values, objectives and interests, through cooperation between local governments, and within the wider international community. |
Supporting partners
Steering Committee
The SNG-WOFI Steering Committee meets on a regular basis to provide feedback on the work of SNG-WOFI and guidance on future directions. It consists of the following:
Read more on the Steering Committee meetings... |