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The World Bank describes the need for reform and governance improvement in public procurement and how procurement technology can significantly further the reform agenda.

In particular, this report explains how the use of technology can benefit public procurement in three primary ways, as defined by the World Bank:

  • Governance: includes transparency, accountability, integrity, and public confidence
  • Effectiveness: includes efficiency, informed management, value-for-money, and quality outcomes
  • Economic Development: includes business development, competitiveness, technological enablement, and market access

Full Report: World Bank

Featured Image Courtesy of ColiN00B

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