Procurement efficiency for infrastructure development and financial needs reassessed (English)

Infrastructure is the engine for economic growth. The international donor community has spent about 70-100 billion U.S. dollars on infrastructure development in developing countries every year. However, it is arguable whether these financial resources are used efficiently, particularly whether the current infrastructure procurement prices are appropriate. Without doubt a key is competition to curb public procurement costs. This paper analyzes procurement...
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Citation

Estache,Antonio; Iimi,Atsushi.

Procurement efficiency for infrastructure development and financial needs reassessed (English). Policy Research working paper ; no. WPS 4662 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/763511468338513511

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