2011
DOI: 10.1596/27460
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Public Procurement Reform in Latin America and the Caribbean

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Cited by 5 publications
(2 citation statements)
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“…3 Although there is much uncertainty about the potential savings that could result from eliminating inefficiencies (including corruption), it is clear that these savings could be substantial. In fact, one estimate is that inefficiencies account for up to 20 percent of the value of transactions in the region, with corruption being responsible for an additional 20 percent (Harper, Ramirez, and Ayala 2016;Moñux et al 2016;Schapper and Veiga Malta 2011).…”
Section: Lack Of Fiscal Transparencymentioning
confidence: 99%
“…3 Although there is much uncertainty about the potential savings that could result from eliminating inefficiencies (including corruption), it is clear that these savings could be substantial. In fact, one estimate is that inefficiencies account for up to 20 percent of the value of transactions in the region, with corruption being responsible for an additional 20 percent (Harper, Ramirez, and Ayala 2016;Moñux et al 2016;Schapper and Veiga Malta 2011).…”
Section: Lack Of Fiscal Transparencymentioning
confidence: 99%
“…Public procurement is a very important aspect of development in both developed and developing countries (Schapper et al, 2006;Govender & Watermeyer, 2000;Noble, 2009;Edler & Georghiou, 2007;Snider & Rendon, 2008). Indeed, it is seen as the nexus of public financial system, and social and economic outcomes and as such, politically sensitive (Schapper & Malta, 2011;Schapper et al, 2006). The importance of public procurement has been acknowledged by viewing it in several facets which include, but not limited to the contracting out of public functions and its implications; social equity and minority contracting; and the unique challenges of contracting for public services (Snider and Rendon 2012).…”
Section: Public Procurementmentioning
confidence: 99%