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Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

The experience with the implementation of fiscal rules in Latin America and the Caribbean (LAC) shows that compliance with fiscal rules is far from perfect, and understanding the multiple factors that influence compliance is key to enhance the effectiveness of this instrument to promote the sustainability of public finances.

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Procurement Methods vs. Solicitation Tools: What Every Procurement Professional Needs to Know

The Procurement ClassRoom

Procurement decisions may also be influenced by emergencies, such as the need for the prompt delivery of goods and services to address disasters like earthquakes or hurricanes. The level of competition in the market can also influence the choice of procurement method.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Procurement as a Strategic Driver of Digital Transformation Public procurement wields immense influence over markets, technology adoption, and the direction of societal progress. Governments worldwide control vast budgets through procurement, giving them the power to: Drive innovation by demanding advanced solutions from vendors.

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Recent Developments from the Federal Government Relating to AI

Government Contracts Legal Forum

Additionally, on March 28, 2024 the Office of Management and Budget released the final guidance on Memorandum M-24-10, Advancing Governance, Innovation, and Risk Management for Agency Use of AI as we address here.

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Improving climate resilience in flood-prone Assam, India

Open Contracting Partnership

In the past, regions that were slow to ask for assistance were left behind, and authorities lacked the capacity to understand if spending meets the needs of the most vulnerable, or whether it is helping build resilience to cope with future floods. McGovern Foundation. million people.

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Navigating the Intersection of Sovereign Acts and Commercial Activities: Insights from Omega v. Panama

Kluwer Arbitration

Assessing Commercial Legitimacy The central question was whether Panama acted reasonably in a commercial capacity or engaged in illegitimate sovereign conduct. Panama’s decision to terminate a contract was influenced by the Claimants’ failure to provide the necessary operational expenses to support their change order requests.

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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

The latter groups have a strong influence on the priorities to be realized and the time frames for their delivery. The efficiencies can reduce office space, reduce hiring, reduce on-going training, reduce investment in technology and continuous upgrades, and increase workload capacity. There can be a cost to this apparent efficiency.