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The EU's single market in government purchases constitutes a fundamental pillar of economic integration throughout the continent, as it amounts to 4% of GDP. If competition is deficient efficiency losses ensue. As we know surprisingly little about the effectiveness of monitoring and enforcement...
Persistent link: https://www.econbiz.de/10012930361
On August 21, the new European directive on defense and security procurement, Directive 2009/81/EC, entered into force. See, e.g.,EU Adopts New Defense and Security Procurement Directive, 6 IGC ¶ 65. Previously, most European defense procurement was considered exempt from the European...
Persistent link: https://www.econbiz.de/10014201201
Regulatory efforts on both sides of the Atlantic, in anti-corruption and procurement, are become more interdependent, as the two systems, U.S. and European, evolve in parallel. That convergence continued as the European Union finalized its new directives on procurement, and the United States and...
Persistent link: https://www.econbiz.de/10013054435
Britain’s vote on June 23, 2016, to leave the European Union could have a profound impact on public procurement law, both in Europe and internationally. Brexit’s impact may not be catastrophic; for example, the United Kingdom may choose to remain in the European Economic Area, which would...
Persistent link: https://www.econbiz.de/10014126566
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
In December of 2011, the Parties to the World Trade Organization Government Procurement Agreement (GPA) adopted significant revisions to the Agreement. The revised Agreement comprises (a) a much-needed modernization of the text of the Agreement, (b) an expansion of related market-access...
Persistent link: https://www.econbiz.de/10013112487
Government procurement is perhaps one of the most under-explored areas in the recent academic literature on transatlantic economic relations and yet it is also one of the most protected economic sectors addressed in the Transatlantic Trade and Investment Partnership (TTIP) negotiations. Even...
Persistent link: https://www.econbiz.de/10012957862
Persistent link: https://www.econbiz.de/10012921082
The purpose of this paper is to assess the possibility of using blockchain technology in the realm of public procurement within the EU, particularly in connection with the award of public contracts. In this context, blockchain is used as an umbrella term covering IT technologies and...
Persistent link: https://www.econbiz.de/10014240851
The purpose of this paper is to assess the possibility of using blockchain technology in the realm of public procurement within the EU, particularly in connection with the award of public contracts. In this context, blockchain is used as an umbrella term covering IT technologies and...
Persistent link: https://www.econbiz.de/10014080156