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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. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.

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

Inter-American Development Bank

The coefficient is interpreted as the cumulative change in public investment associated with compliance with the fiscal rule compared to the event of non-compliance, which serves as the reference category. As a result, spending efficiency plays a key role in easing this dominance, as shown in Figure 3 below.

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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.

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How to build awareness of flood risk and gain buy-in for flood control measures

American City & Country

Floods are one of the most devastating events to strike a community—costly in terms of lives lost, damaged or destroyed homes, economic disruption, and damage to critical infrastructure. annual chance (500-year) flood events based on historic data. Current extreme rainfall events are often beyond the 1% or 0.2% The 1% and 0.2%

Insurance 110
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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

In our recap, we’ll dive into the key takeaways from the event and what they mean for the industry. Automating strategic sourcing not only simplifies the process but also offers significant savings, increased efficiencies, and better governance. Sustainability and responsible sourcing were also central topics at the symposium.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Create speed and transparency. Making processes transparent enables everyone along the supply chain to react quickly.

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

Kluwer Arbitration

The DIS Autumn Conference , held on 10 September 2024, was the main event of the Berlin Dispute Resolution Days , which took place from 9 to 12 September 2024 and were jointly organized by the German Arbitration Institute (DIS) , the Federal Ministry of Justice , and the Humboldt University in Berlin.