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How to Prevent Debt from Hurting Economic Growth

Inter-American Development Bank

This effect can be particularly important in countries with scarce physical and human capital. This means that there is a tipping point, or threshold, at which higher debt levels become detrimental to growth. For LAC countries, this threshold is at approximately 53 percent of GDP.

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Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Kluwer Arbitration

How domestic courts approach challenges to arbitration awards is of increasing importance as foreign parties often decide to seat an arbitration in a jurisdiction that they believe will provide the greatest stability to governing the arbitration process. billion escrow (approx. 8.5m) and PKR 9.23 billion (approx.

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Asia Pacific: Vietnam to Propose Updates to Regulations On Civil Encryption Products

Import and Trade Remedies

58/2016/ND-CP and its amendments related to cyber information security, including the export/import of civil encryption products (referred to as the “Draft Decree”). Monetary Fines and Penalties: The maximum monetary fine is set at VND 200 million, which is four times the threshold in Decree No. 58/2016/ND-CP.

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The 2023 SIAC Draft Rules: Raising the Bar for Efficiency

Kluwer Arbitration

b) proposes raising the monetary threshold for Expedited Procedure from SGD 6,000,000 to SGD 10,000,000, positioning SIAC as the institution with the most substantial threshold amount in place for Expedited Procedure. The procedure has seen substantial interest from users, with 56 applications filed since 2016. Draft Rule 14.1(b)

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Striving for data excellence: How the Netherlands’ TenderNed is enabling procurement insights for government and public users

Open Contracting Partnership

All Dutch authorities must publish their above-the-threshold tenders via the TenderNed platform , so businesses can access all public data and documents from a single webpage. Publication of below-the-threshold tenders is voluntary. The OCDS publication provides data from 2016 from the tender and award stages of the contracting cycle.

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2023 Copenhagen Arbitration Day Recap: The Future of Arbitration

Kluwer Arbitration

He emphasised the importance of arbitration to business and society, particularly owing to the present burden on the courts. She also highlighted the high threshold in Denmark to set aside an award based on an arbitral tribunal’s action, especially if such action is covered by the national law, institutional rules and/or procedural orders.

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Five ways to improve public sector procurement for startups

Nitrous: Public Procurement

These figures aren’t helped by the fact that the proportion of public sector contracts awarded without a competitive tender is rising ( 15 per cent in 2016 to 22 per cent in 2017 and then 23 per cent in 2018 ). Whether it is an early stage, scaleup or SME, the idea that any company can at some point be helpful is important to keep in mind.