Remove Balance Remove Corruption Remove Transparency
article thumbnail

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.

article thumbnail

10 success factors for implementing e-procurement system

Open Contracting Partnership

Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Transparency on legal and regulatory frameworks To make e-GP systems work effectively, it’s essential to have supportive legislative arrangements in place.

article thumbnail

The 3 revolutions of public procurement in Africa

Open Contracting Partnership

These included ongoing issues such as poor institutional coordination, lack of transparency, high levels of corruption, and murky lines of accountability. The legal framework as well as the creation of procurement oversight agencies led to more accountability, with a clear set of rules as well as checks and balances.

article thumbnail

UNCITRAL Working Group II 78th Session: Seeking the Balance Between Innovation and Due Process

Kluwer Arbitration

As discussed below a recurring theme was the need to find a balance between having model clauses that were, on the one hand, innovative and likely to lead to faster and more efficient resolution of disputes in practice, while, on the other hand, containing sufficient quality and due process safeguards.

Balance 52
article thumbnail

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

Inter-American Development Bank

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.

article thumbnail

DIS Conference 2024: Higher, Faster, Further? Drivers of Innovation in Arbitration

Kluwer Arbitration

The discussion also addressed the potential tension between diversity and qualification, debating how to balance the two. Bucki advocated for a broader approach to efficiency, emphasizing that it should encompass a balance of time, cost, and quality. The Sorcerer’s Apprentice – Only Upsides to AI in Arbitration?

article thumbnail

Reflecting on the ICAL 20th Anniversary Conference: Evolution or Revolution? Navigating the Future of International Arbitration

Kluwer Arbitration

Is greater transparency needed for revolution? The panel considered this question against the need to maintain confidentiality and balance competing common and civil law practices. This sentiment expresses the importance of this topic, one that captured the lively discussion of the panel, moderated by Jurgita Petkute (KNOETZL).