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Unveiling the Truth: How Sticking to Fiscal Rules Boosts Investment in Latin America

Inter-American Development Bank

Rather than viewing fiscal rules as rigid constraints, the region should see them as valuable tools to promote both macroeconomic stability and sustained investment. This underscores the idea that compliancenot merely the existence of fiscal rulesis the key driver of fiscal sustainability and investment capacity.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

on average in 2021 to 10.23 in 2021 to 4.2 According to data from the public procurement business intelligence (BI) module of Kazakhstan , the share of single-source purchases in the general government procurement market has steadily declined from 57% in 2021 to 23.5% The number of suppliers per buyer increased from 8.0

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. As a result, addressing passive waste through capacity-building measures can generate large savings for governments.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

Approach : Lithuania launched an ambitious public procurement reform in 2021 to reduce the country’s carbon footprint and ensure every public procurement decision considers its environmental impact. In 2023, the LPPO added a set of key sustainability performance indicators to its procurement dashboard.

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Interviews with Our Editors: South Africa in the Spotlight with Svetlana Vasileva-Stratenwerth, Secretary General at the Arbitration Foundation of Southern Africa (AFSA) International

Kluwer Arbitration

Jackson Moot Court Competition 2021 with my peers. In this capacity, I am dedicated to making a significant contribution to international arbitration, drawing upon my extensive experience to bolster AFSA’s position in the industry. AFSA sustains its operations through administrative fees without relying on any external funding.

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Better bike lanes in the Philippines: Civic groups won a budget for bike lanes, then followed the money

Open Contracting Partnership

Around 500 kilometers of bike lanes were established in several major cities by 2021. Image Credit: Nadia Cruz / Institute for Climate and Sustainable Cities Top findings Here are some of their discoveries. The procedures covered 500 kilometers of pop-up bike lanes in Metro Manila (10 contracts), Metro Cebu (1), and Metro Davao (1).

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In Kazakhstan, opening up procurement boosts public oversight and prevents millions in wasteful spending

Open Contracting Partnership

Since 2021, cases of corruption and other irregularities detected by the group Adildik Joly have led to fines worth KZT 244 million (~US$511,000), as well as 66 criminal cases, and 1100 administrative protocols (formal warnings to civil servants). million (~US$24,000) were returned to the budget.