Friday, July 01, 2005
SMEs and Public Procurement: Lowering Transaction Costs to Increase Participation
By: The Enterprise Research Institute
For: UNCTAD Workshop on Procurement, November 5-6, 1998
This paper examines the role of the International Financial Institutions in procurement programs and considers whether that role should become more activist in order to encourage SME development. The paper looks at general procurement policies in OECD and developing countries, as well as programs designed to funnel contracts to SMEs. It examines policy options for governments interested in increasing the percentage of government contracts for SMEs. It also discusses different International Financial Institution operations that could further this goal and discusses the extent to which International Financial Institutions can or should influence government procurement policies. The paper concludes with a checklist of issues that International Financial Institutions might address should they be interested in incorporating SME components into future procurement operations.
For: UNCTAD Workshop on Procurement, November 5-6, 1998
This paper examines the role of the International Financial Institutions in procurement programs and considers whether that role should become more activist in order to encourage SME development. The paper looks at general procurement policies in OECD and developing countries, as well as programs designed to funnel contracts to SMEs. It examines policy options for governments interested in increasing the percentage of government contracts for SMEs. It also discusses different International Financial Institution operations that could further this goal and discusses the extent to which International Financial Institutions can or should influence government procurement policies. The paper concludes with a checklist of issues that International Financial Institutions might address should they be interested in incorporating SME components into future procurement operations.