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Economic Benefits of The Sustainable Public Procurement Law

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15210%2F18%3A73587722" target="_blank" >RIV/61989592:15210/18:73587722 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Economic Benefits of The Sustainable Public Procurement Law

  • Original language description

    Public procurement law impacts the economy in numerous ways, both positively and negatively. This paper examines these effects by analysing scholarly article, journals, and books from various authors. However, it has not been conducted on the ground. Also, the research is both qualitative and quantitative. The main aim of the authors is to determine the significance of public procurement law to the economy. Furthermore, secondary data is used for the paper. The methodology comprises many comparisons and contracts of the views of various authors regarding the topic of study. As per the study, procurement laws many benefits including ensuring Value for Money (VfM), improving moral behavior among procurement officers, protecting the environment, and boosting living standards of individuals, special groups, and people living with disability (PLWD). Nonetheless, public procurement sector still faces a significant number of unlawful acts from officers, especially bribery. Taking everything into account, public procurement law is vital for economic growth and development. As such, this paper is essential for communicating the significance of public procurement law on the economy.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>ost</sub> - Miscellaneous article in a specialist periodical

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2018

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Iqtisad elmləri: nəzəriyyə və praktika

  • ISSN

    2220-8739

  • e-ISSN

  • Volume of the periodical

    2018

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    AZ - AZERBAIJAN

  • Number of pages

    16

  • Pages from-to

    16-31

  • UT code for WoS article

  • EID of the result in the Scopus database