scholarly journals Financial Corrections on Public Procurement as a Corrective Mechanism for Protection of Public Budget Expenditure

2021 ◽  
Vol 61 (5) ◽  
pp. 121-137

The article aims to analyze financial corrections in public procurement as one of the main corrective mechanisms for protection of public budget expenditures. To achieve this goal, three tasks have been performed: 1) Preventive and corrective mechanisms for protection of public expenditures are presented; 2) The organization of the control mechanisms regarding the public procurements and the imposition of financial corrections in Bulgaria is revealed and 3) the contribution of two international organizations to the topic is outlined - the Organization for Economic Cooperation and Development and the World Bank. The research methods used are historical-logical analysis and content analysis. The result of the research is a critical analysis and summary, which complement the Bulgarian analytical literature in the field.

2014 ◽  
Vol 59 (1) ◽  
pp. 85-98 ◽  
Author(s):  
Sope Williams-Elegbe

AbstractPrior to 2007, Nigerian public procurement was not formally regulated, in the sense that there was no law governing procurement at the federal or state level. This changed with the enactment in 2007 of the Public Procurement Act. This act was passed on the recommendation of the World Bank, which had conducted a country procurement assessment report on Nigeria in 1999. This article seeks to determine whether the Public Procurement Act meets the requirements of international best practice. The article examines what may be regarded as international best practice in the public procurement context and analyses whether the Nigerian Public Procurement Act contains provisions which accord with this practice. It also considers what factors are limiting the adoption of international best practice in the Nigerian context.


2021 ◽  
pp. 223386592110248
Author(s):  
Yooneui Kim ◽  
Youngwan Kim

Are international organizations autonomous actors in global politics? This paper investigates whether and how major powers influence the World Bank’s official development assistance policies. Despite the World Bank’s attempts to maintain independence from its member states, we argue that major powers are still influential. Testing this expectation with the data of official development assistance provisions between 1981 and 2017, we find that the World Bank provides a higher amount of official development assistance to the recipient countries that receive a higher amount of such assistance from the major powers such as the United States, the United Kingdom, France, Germany and Japan. In addition, the World Bank is prone to provide a higher amount of official development assistance to the recipients that have a similar preference to the major powers. This study sheds light on the relations between major powers and international organizations.


2005 ◽  
Vol 4 (3) ◽  
pp. 305-355
Author(s):  
Dušan Pokorný

AbstractThis chapter considers the meaning of the terms "society" and "market," and the need for markets to be institutionalized and legitimated. Obligatory norms and recommendatory guidelines today come from many sources: from states, from groupings of states, and from worldwide bodies such as the IMF, the WTO, and the World Bank. But when markets create profound inequalities both within and between societies, how do we determine what limits ought to be placed on markets? Since economic institutions are inseparable from culture, this is the "site" where the public will have to decide what is "society," what is the "market," and what will be the relation between them.


2005 ◽  
Vol 18 (4) ◽  
pp. 717-745 ◽  
Author(s):  
THOMAS POGGE

Various human rights are widely recognized in codified and customary international law. These human rights promise all human beings protection against specific severe harms that might be inflicted on them domestically or by foreigners. Yet international law also establishes and maintains institutional structures that greatly contribute to violations of these human rights: fundamental components of international law systematically obstruct the aspirations of poor populations for democratic self-government, civil rights, and minimal economic sufficiency. And central international organizations, such as the WTO, the IMF, and the World Bank, are designed so that they systematically contribute to the persistence of severe poverty.


2014 ◽  
Vol 6 (2) ◽  
pp. 332-349 ◽  
Author(s):  
Julia Gallagher

This article explores norms as idealizations, in an attempt to grasp their significance as projects for international organizations. We can think about norms as ‘standards of proper behaviour’. In this sense they are somehow natural, things to be taken for granted, noticed only really when they are absent. We can also think about norms as ‘understandings about what is good and appropriate’. In this sense, norms embody a stronger sense of virtue and an ability to enable progress or improvement. Norms become ideal when they are able to conflate what is good with what is appropriate, standard, or proper. It is when the good becomes ‘natural’ that a norm appears immanent and non-contestable, and so acquires an idealized form.45Along with the other articles in this special issue, I will attempt to challenge some of the complacency surrounding the apparent naturalness and universality of norms employed in international relations.


2016 ◽  
Vol 13 (1) ◽  
pp. 126-148
Author(s):  
Andrea E. Stumpf

This article suggests that the variety and complexity of international partnership programmes, especially those that contract major fund flows, can be sustained only if partners are able to allocate roles and responsibilities amongst themselves. The premise of this article is simple. Lest there be any doubt, agreed terms set forth in signed agreements and adopted partnership documents should be considered ‘rules of the organization’ under the ario, and should be recognized in allocating responsibility among international organizations and other partners in international development initiatives. A practical look at trust-funded partnership programmes involving the World Bank underscores the importance of lex specialis under the Articles on the Responsibility of International Organizations, including with respect to claims by third parties. At stake is the viability of such collaborative international development initiatives, which rests on the ability of partners to legitimately set their own terms for acknowledgment by others.


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