January 16, 2014Doug Hadden
Doug Hadden, VP Products
Government procurement is a powerful instrument for change. It’s how governments invest in growth and social inclusion. It’s where governments can stimulate economic sectors.
On the other hand…
Government procurement is a powerful instrument for ineffectiveness. Of closed systems that profit the few. An environment susceptible to corruption, particularly in infrastructure and construction. Of byzantine regulations that encourage inefficiency. Ripe with political interference.
The Open Contracting initiative promises to transform government procurement through transparency. And, an international data standard. What are the challenges to convincing governments to adopt any standard that is developed? How can these challenges be overcome?
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