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Public Procurement

In: The Power of Governance

Author

Listed:
  • Reuel J Khoza
  • Mohamed Adam

Abstract

Public procurement by government and state-owned enterprises is a significant sphere of activity that has considerable impact on an economy. It can stimulate economic growth and promote the development of local industry and expertise. Equally public procurement presents many opportunities for corruption and if not well managed, can result in inefficiency and higher costs.

Suggested Citation

  • Reuel J Khoza & Mohamed Adam, 2007. "Public Procurement," Palgrave Macmillan Books, in: The Power of Governance, chapter 10, pages 248-280, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-28881-2_11
    DOI: 10.1057/9780230288812_11
    as

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