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Public Procurement - The Continuing Revolution (Hardcover)
Loot Price: R6,550
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Public Procurement - The Continuing Revolution (Hardcover)
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From modest beginnings in the early 1990's, a reform movement in
the regulation of public procurement has mushroomed into a global
imperative. Two fundamental values of international free trade
policy--value for money and the deterrence of corruption--have
brought intense scrutiny to bear on public procurement practices in
nearly every country. Now international standards (notably those of
the WTO and the EU) must be met if a trading nation is to take its
place in the global markets. This collection of essays offers
fifteen distinct views on the current status and trends in public
procurement and its various aspects. From general discussion of
setup, overcoming obstacles, ensuring transparency, and compliance
with international rules to specific issues raised in economies as
diverse as Kosovo, China, and the United States, "Public
Procurement: The Continuing Revolution provides a great wealth of
insight and information. Although the emphasis throughout is on
legal issues, the contributors include not only lawyers but also
economists and specialists in purchasing practice. In addition,
this is the first book to note the relatively recent trend, in
developed countries, toward a less prescriptive, more flexible
approach to regulation in which a degree of transparency is
sacrificed. The question of how this trend will affect
international procurement regimes is perhaps the most viral and
interesting aspect of current theory and practice in the field.
"Public Procurement: The Continuing Revolution is of inestimable
value not only to public procurement specialists, whatever their
profession, but to a much wider audience who will recognise the
decisive influence of this important economicactivity on the entire
area embracing trade and even international relations. Most of
these essays were originally presented as papers at an
international conference hosted by the Public Procurement Research
Group at the University of Nottingham in September 2001.
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