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Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.
This discussion underscored the critical need for ongoing reform and capacity building, while also highlighting the importance of cultural sensitivity and local engagement. She noted that capacity building is a major challenge, and the Tongan government is open to seeing how it can further develop its expertise.
Interview Transcript: Tom Temin And we think of the defense industrial base has strained in terms of capacity to manufacture what’s needed around the world and, you know, missile systems and ammunition and so forth. I think the Justice Department has characterized sanctions as the new FCPA, the new Foreign Corrupt Practices Act.
Additionally, the Claimants claimed that Panama’s actions included a smear campaign, which involved a criminal investigation into corruption allegations against Mr. Rivera, damaging his global reputation. The Corruption Investigation The Claimants contended that Panama’s criminal investigation was not genuine.
Ultimately, the decision to adopt SaaS-based e-GP solutions must balance the conveniences they offer and the need to uphold the integrity of public procurement laws and regulations. A recent report by the World Bank on e-GP system implementation types in Africa analyzes risks and benefits for different implementation types.
We are also very pleased that we achieved one of the closest gender balances in survey responses last year, closing the gap between Men and Women from a 22% differential in 2022, to an 11% differential in 2023. Across the last five years, this puts us at an average of Net Promoter 82, exceeding our strategy cycle target of 80.
Judge Leon sided with Spain and dismissed the petition, explaining that under the Treaty of Lisbon , Spain “lacked the legal capacity to enter into agreements inconsistent with their obligations under the EU Treaties.” Blasket Renewable , at 12. against the rights of investors inscribed by the ICSID.
VIktor Nestulia Head of DREAM Project Office This led to the formation of the RISE Ukraine Coalition, which at its inception united more than 20 Ukrainian organizations working on open government and anti-corruption reform. After the launch, the systems were transferred to the balance of the state in the form of a state-owned enterprise.
The LACIAC Board of Directors, through its technical committees, strives to build capacity in different sectors including energy, construction, finance and technology, international trade, telecoms, media and entertainment, MSMEs, among others. It has, however, been incredibly rewarding. Past interviews are available here.
In his words, the two necessary elements for a mediation to be potentially successful were: (i) a clearly authorized government official who has the capacity to conduct the negotiations, and (ii) the State’s will to reach an agreement. Pager shared a more sceptical view on the efficiency of mediation for investor-states disputes.
The choice seems easy to make, as it tends to increase domestic resource mobilization, but the revenue expected needs to be balanced with the cost of administering the complexity and increasing data processing demand of a global tax, requiring investments in technology and capacity building inside their tax administrations.
Climate Science and Investment Arbitration Caline Mouawad addressed the question of whether climate science could assist tribunals in striking a balance between investor claims and the State’s right to protect the public interest.
Jaime appeared in their personal capacities. Her remarks underscore the need for reforms that actually address the real disparities and ensure a more balanced and equitable resolution of investment disputes. Mr. Bigge and Ms. The panel was moderated by Simon Batifort (Partner, Curtis, Mallet-Prevost, Colt & Mosle LLP).
This thus allows for increased efficiency in arbitral proceedings administration and the dispute resolution process, and the achievement of a greater balance between the right of countries to impose sanctions and the sanctioned parties’ rights in international arbitration.
Yu addressed recent innovations and proposed changes in ISDS arbitration to restore the public nature and enhance the effectiveness of the ISDS mechanism while considering a more fair and balanced procedural framework. This article is submitted in a personal capacity.
We balanced these considerations for and against applying a longer time-frame by selecting one year before and after the transparency intervention which limits the incidence of confounding factors while also taking care of seasonality biases. However, the average number of received bids increases by 0.5
Promoting data skills and literacy throughout the public service via training and capacity building. Additionally, continuously running anomaly detection on claims and grievances would curb fraud and corruption. Employing data analytics and digital tools to customize government services, making them more responsive to people’s needs.
JCAA aims to strike a balance between efficiency and quality by providing a reasonable amount of scrutiny performed by its secretariat. He added that under the Act, arbitrators must log the use of such tools and maintain these records for at least six months. who attempted to shield assets from seizure, in a London-seated arbitration.
Arbitrators, like all humans, have limited cognitive capacity. Secondly, in the interest of procedural fairness, distributing and balancing the power and responsibilities related to information is key. How that balance should be struck remains up for discussion, as Bao did not propose a specific approach to regulation.
The Working Group III, during its 47th and 48th sessions (succeeding the 43rd and 46th discussions), discussed the draft statute of the Advisory Centre, which, per articles 6 and 7 of the draft statute, has the mandate of capacity building and provision of legal support and advice with regard to an international investment dispute proceeding.
He underlined the importance of capacity building and creating a culture where amicable dispute resolution between investors and States is encouraged. This strategic pivot is evidenced by the government’s trend of settling cases, which typically occurs after arbitration proceedings but before the enforcement of an award.
Issues such as the slow uptake in use of AI by legal professionals, the ethical and legal risks involved in the use of AI, and finding a balance between AI use and the necessary avoidance of those risks continue to be discussed as hot topics. Understanding the limits of AI can therefore lead to both an appreciation of AI risks and benefits.
More specifically, functus officio addresses the arbitral tribunals capacity, or authority, to adjudicate a matter, while estoppel concerns the capacity of the parties to pursue a matter.
On the publication of awards, the speakers discussed the delicate balance between the value of published awards in promoting consistency and legal development, while also highlighting the risks of breaching confidentiality and, therefore, losing one of the most appreciated benefits of the arbitration process.
This recognition facilitates the acceptance of the choice-of-law rules used by arbitral tribunals and national courts acting in arbitration-related litigation (as opposed to courts acting in an insolvency capacity). These rules are primarily the New York Convention (“NYC”) and national arbitration laws.
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