Public Procurement

Reuel J Khoza and Mohamed Adam

Chapter 10 in The Power of Governance, 2007, pp 248-280 from Palgrave Macmillan

Abstract: Abstract Public procurement by government and state-owned enterprises is a significant sphere of activity that has considerable impact on an economy. It can stimulate economic growth and promote the development of local industry and expertise. Equally public procurement presents many opportunities for corruption and if not well managed, can result in inefficiency and higher costs.

Keywords: Corporate Governance; Public Procurement; Legislative Framework; Administrative Action; Fiduciary Duty (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28881-2_11

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DOI: 10.1057/9780230288812_11

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