Regulation of Government Procurement by the AIIB

Regulation of Government Procurement by the AIIB
Author: Jędrzej Górski
Publisher:
Total Pages: 79
Release: 2017
Genre:
ISBN:

Download Regulation of Government Procurement by the AIIB Book in PDF, Epub and Kindle

The goal of this article is to discuss what one could reasonably expect from future procurement rules imposed by the AIIB as the leading China-led initiative potentially reshaping the current landscape of the MDBs' operations. This article starts by summarizing the discourse between the AIIB's critics who made ex ante admonitions about AIIB's possible procurement rules on the one hand (in section I.A) and AIIB's advocates claiming the opposite (in section I.B). Next, this article covers necessary background. It explains why, at least in the medium term (five to ten years), AIIBs procurement rules are very likely to follow already existing solutions largely delineated by the World Bank in some co-operation with other MDBs (in section II.A and section and II.B), and what the World Bank's procurement reform has brought about (in section II.C and II.D). It also explains how the approach to sustainability in [*258] procurement has evolved in the case of existing MDBs and procurement-liberalizing trade agreement (in section II.E), and how the conflict between procurement rules imposed by the MDB's on the hand and by trade agreements on the other hand have so far been resolved (in section II.F). Then, this article moves on to a detailed analysis of the IDPIR, including its structure and relations with other AIIB's documents (in section III.A), scope of application (in section III.B), core procurement principles (in section II.C), general provisions (in section III.D), specific procurement methods (in section 0), consultant rules (in section III.F), and use of country systems (in section III.G). In addition, this article also separately discusses the AIIB procurement rule's impact on international liberalization of procurement markets (in section IV) and how they address social and environmental concerns (in section V).

Public Procurement and Multilateral Development Banks

Public Procurement and Multilateral Development Banks
Author: Sope Williams-Elegbe
Publisher: Bloomsbury Publishing
Total Pages: 251
Release: 2017-03-23
Genre: Law
ISBN: 1509912932

Download Public Procurement and Multilateral Development Banks Book in PDF, Epub and Kindle

The multilateral development banks cumulatively channel billions of dollars annually in development assistance to borrower countries. This finance is usually spent through processes that incorporate the public procurement regulations of the banks and it is often a condition of this finance that the funds must be spent using the procurement regulations of the lender institution. This book examines the issues and challenges raised by procurement regulation in the multilateral development banks. The book examines the history of procurement regulation in the banks; the tripartite relationship created between the banks, borrowers and contractors in funded procurements; the procurement documents and procurement cycle; as well as how the banks ensure competition and value for money in funded procurements. The book also examines the banks' approach to sustainability concerns in public procurement such as environmental, social or industrial concerns; as well as how the banks address the issue of corruption and fraud in funded contracts. Another issue that is addressed by this book is how the banks have implemented the aid effectiveness agenda. It will be seen that the development banks have undertaken steps to harmonise their policies and practices, increased borrower procurement capacity, taken steps to reduce the tying of aid, and play an important role in the reform of borrower procurement systems, all in an effort to improve the effectiveness of development finance. The book also considers the contractual and other remedies that are available to parties that may be aggrieved as a result of a funded procurement. The book analyses, compares and contrasts the legal, practical and institutional approaches to procurement regulation in the World Bank, the Inter-American Development Bank, the African Development Bank, the Asian Development Bank and the European Bank for Reconstruction and Development.

The World Bank's New Procurement Regulations

The World Bank's New Procurement Regulations
Author: Jędrzej Górski
Publisher:
Total Pages: 11
Release: 2017
Genre:
ISBN:

Download The World Bank's New Procurement Regulations Book in PDF, Epub and Kindle

The World Bank has for decades influenced the regulation and international liberalisation of public procurement markets. However, proliferating procurement chapters of trade agreements and cheap commercial credit flooding emerging markets, along with new development banks on the horizon, forced the Word Bank to conduct the first complex reform of its procurement policies, and to compete for its share in the market of development aid. The reform has produced new Procurement Regulations to be implemented from July 2016 onwards. New rules offer plentiful options, of how to configure procurement processes, and give borrowers much more flexibility in terms of negotiating with bidders, or applying environmental and social considerations. Subject to the bank's consent, the new rules allow the use of borrower's own or other development banks' procurement rules, continuing a process initiated with the introduction of Piloting Program on the Use of Country System in 2008. By doing so, the new rules are meant to attract borrowers who could now develop their national procurement systems and be compliant with international obligations without having to use special procurement regimes for bank-financed projects.

Public Procurement and Aid Effectiveness

Public Procurement and Aid Effectiveness
Author: Annamaria La Chimia
Publisher: Bloomsbury Publishing
Total Pages: 416
Release: 2019-08-08
Genre: Law
ISBN: 150992244X

Download Public Procurement and Aid Effectiveness Book in PDF, Epub and Kindle

This edited collection fills a significant gap in the literature by gathering contributions from the most prominent academics and practitioners of aid and procurement. It explores the economic, political and legal relationship between procurement and aid effectiveness in developing countries, and takes stock of current debates in the field. More specifically, the contributions analyse the failures and successes of current initiatives to foster effectiveness and streamline the aid procurement process, and address current themes emerging in the literature related to development, procurement and aid success. A pivotal and timely publication, Public Procurement and Aid Effectiveness will be of interest to a varied and multicultural international audience and a wide range of actors working on aid effectiveness, development, procurement and good governance initiatives in both donor and beneficiary countries.

The Impact of International Development Banks on Sustainable Public Procurement

The Impact of International Development Banks on Sustainable Public Procurement
Author: Lorenz Rentsch
Publisher:
Total Pages:
Release: 2011
Genre:
ISBN:

Download The Impact of International Development Banks on Sustainable Public Procurement Book in PDF, Epub and Kindle

Since the end of the 1990s, Sustainable Public Procurement (SPP) is discussed as a policy instrument to further sustainability in the economy and society. SPP is an approach that integrates social, environmental and economic considerations in all stages of the public procurement process, from pre-qualification to contract compliance. The concept of SPP includes raising awareness, removing adverse budgetary incentives and promoting product standards. There are many arguments in favour and against SPP. The discussion in this paper concludes that SPP is desirable because the effect on the environment could be substantial, the government's credibility to promote sustainability is enhanced, and the effectiveness of other environmental policies is expected to increase. In developing countries, SPP does not receive adequate attention. By financing projects and programs in developing and transition countries, International Financial Institution like the Asian Development Bank and the European Bank for Reconstruction and Development set rules on public procurement and thus have the potential to influence procurement practices. In the paper at hand, procurement policies, rules and regulations from ADB, EBRD, UNCITRAL and WTO are screened and examined whether they support and further SPP in developing countries. In addition, representatives from the development banks and national procurement agencies expressed their experiences. In ADB's and EBRD's operations and project design, sustainability is an important element, however, the sustainability of procurement in not treated as a priority. There are several documents that promote or indicate the need of sustainability in public procurement but on an application-level pure economic consideration (e.g. lowest price) are often predominant. ADB integrates sustainability mainly in technical specifications where as EBRD's focus is more on award criteria. However, in none of the examined develop.

Sustainable Development Goals

Sustainable Development Goals
Author: Julia Walker
Publisher: John Wiley & Sons
Total Pages: 328
Release: 2019-08-27
Genre: Business & Economics
ISBN: 1119541840

Download Sustainable Development Goals Book in PDF, Epub and Kindle

Achieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody’s Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, Digital Identity and cutting-edge FinTech and RegTech applications are explored, whilst the relevance of sustainable and transparent global supply chains is underscored. Significant attention is paid to law reform which can accelerate progress of the SDGs through SME Financing, Crowdfunding, Peer-to-Peer Lending and tax restructuring. To achieve the ‘World We Want’, much needs to be done. The recommendations contained within this book are critical for supporting a fundamental shift in thinking from business and governments around the world, and for building a more just and prosperous future for all.

Institutional Balancing in the Asia Pacific

Institutional Balancing in the Asia Pacific
Author: Kai He
Publisher: Taylor & Francis US
Total Pages: 224
Release: 2009
Genre: Political Science
ISBN: 041546952X

Download Institutional Balancing in the Asia Pacific Book in PDF, Epub and Kindle

This book examines the strategic interactions among China, the United States, Japan, and Southeast Asian States in the context of China’s rise and globalization after the cold war. Engaging the mainstream theoretical debates in international relations, the author introduces a new theoretical framework—institutional realism—to explain the institutionalization of world politics in the Asia-Pacific after the cold war. Institutional realism suggests that deepening economic interdependence creates a condition under which states are more likely to conduct a new balancing strategy—institutional balancing, i.e., countering pressures or threats through initiating, utilizing, and dominating multilateral institutions—to pursue security under anarchy. To test the validity of institutional realism, Kai He examines the foreign policies of the U.S., Japan, the ASEAN states, and China toward four major multilateral institutions, Asia-Pacific Economic Cooperation (APEC), the Association of Southeast Asian Nations (ASEAN) Regional Forum (ARF), ASEAN Plus Three (APT), and East Asian Summit (EAS). Challenging the popular pessimistic view regarding China’s rise, the book concludes that economic interdependence and structural constraints may well soften the "dragon’s teeth." China’s rise does not mean a dark future for the region. Institutional Balancing in the Asia Pacificwill be of great interest to policy makers and scholars of Asian security, international relations, Chinese foreign policy, and U.S. foreign policy.