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

Inter-American Development Bank

In the following paragraphs, we will explore the key elements of this transformative agenda and the opportunities for action available to governments in the region. Better fiscal balances will contribute to greater macroeconomic stability. Reducing waste in procurement requires a balanced focus on both active and passive waste.

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Evolution of Kosovo’s Investment Arbitration Law: Defining the Foreign Investor and the State’s Role in Arbitration

Kluwer Arbitration

Kosovo Can Seek Compensation for Investor-caused Damages To maintain a balanced relationship between the host state and the investor, Chapter II of the 2024 Law on Sustainable Investments outlines not only the rights but also the obligations of investors.

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Can artificial intelligence bring corruption in public procurement to an end?

University of Bristol

It should then not be surprising that the possibility that artificial intelligence (AI) could ‘change the rules of the game’ (eg Santiso, 2019 ) and bring procurement corruption to an end is receiving significant attention.

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AML Whistleblowers Can Play a Key Role in Exposing the Illicit Side of Sports

Whistleblower Network News

Without the hurdle of centralized legislation governing the industry, the sports domain has attracted sophisticated money laundering schemes to achieve lucrative business transactions. Likewise, sports enterprises function as self-governing bodies as they are not subject to federal or state regulation. NCAA, 584 U.S.

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2024 PAW: In Search of the Right Balance: The interplay between Human Rights, ESG, Civil Society and Investment Arbitration

Kluwer Arbitration

On Monday 18 March 2024, ESSEC Business School and EFILA co-organized a panel discussion within the framework of the Paris Arbitration Week (“PAW”) 2024, discussing the interactions between Human Rights, Environmental, Societal and Governance (“ESG”), Civil Society and investment arbitration. The event was hosted by Prof.

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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

There is growing recognition that the public procurement system can be a strong force for policy implementation, helping to tackle major social and economic challenges faced by governments across the region. The reforms also created a procurement cadre across government that had specialized training – the most common of which was the CIPS-UK.

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Navigating Investor-State Dispute Settlement: Concerns from the Asia-Pacific Region

Kluwer Arbitration

Issues of corruption, investors coming in with unclean hands, as well as investors putting forward inflated claims are also some of the concerns of host states and other stakeholders. In terms of corruption, Prof. Dr. Ong said that there are currently no arbitration rules that define the standard of proof for corruption.

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