A Global Procurement Partnership for Sustainable Development : An International Stocktaking of Developments in Public Procurement
Efficient procurement procedures save time and money, opening up much needed fiscal space, yet modern public procurement can also serve as a tool for achieving broader socioeconomic policy change. Government purchasing decisions, including more str...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/undefined/173331642410951798/Synthesis-Report http://hdl.handle.net/10986/36829 |
| Summary: | Efficient procurement procedures save
time and money, opening up much needed fiscal space, yet
modern public procurement can also serve as a tool for
achieving broader socioeconomic policy change. Government
purchasing decisions, including more strategic use of
technology, can be used to maximize value for money as
defined by a concept of “value” that goes beyond fiscal
savings to include broader policy goals such as
environmental sustainability, support for small enterprises,
or protection of vulnerable groups in society. This report
outlines the key challenges and opportunities in moving
toward modern procurement systems around the world and makes
the case for a global procurement partnership to strengthen
development effectiveness through better understanding and
implementation of procurement reforms. |
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