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Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia

It is widely accepted that the main objective of government procurement is to maximize economic efficiency, namely, the selection of the lowest possible bid and the achievement of the best value for money. The government or its agencies are responsible to ensure that the purchasing activities will b...

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Main Authors: Abdul Rahman, Nasarudin, Wan Zahari, Wan Mohd Zulhafiz, Ahamat, Haniff, Abd Ghadas, Zuhairah Ariff
Format: Conference or Workshop Item
Language:English
English
Published: 2018
Subjects:
K Law (General)
Online Access:http://irep.iium.edu.my/64485/1/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL.pdf
http://irep.iium.edu.my/64485/2/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL%20-%20paper.pdf
http://irep.iium.edu.my/64485/
https://iclas2018.org/parallel-sessions/
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spelling my.iium.irep.644852018-10-31T01:07:02Z http://irep.iium.edu.my/64485/ Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia Abdul Rahman, Nasarudin Wan Zahari, Wan Mohd Zulhafiz Ahamat, Haniff Abd Ghadas, Zuhairah Ariff K Law (General) It is widely accepted that the main objective of government procurement is to maximize economic efficiency, namely, the selection of the lowest possible bid and the achievement of the best value for money. The government or its agencies are responsible to ensure that the purchasing activities will benefit the public as most of these activities are funded from taxpayers’ money. However, in some countries government procurement policy also pursues broader socio-economic objectives such as promoting equity, the growth of small and medium enterprises, the development of local industries etc. The paper aims to study the government procurement regime in two different jurisdictions, namely Malaysia and South Africa. The main focus of the study is to explore the extent to which the government procurement in these two countries is used as a vehicle to promote socio-economic policy that is to address past economic imbalances. This paper argues inter alia that the use of government procurement as a social tool should be accompanied with measures that are targeted, measurable and able to monitor for compliance. Those measures should also be implemented in a transparent and competitive manner in order to reach the ultimate objective, that is, the to achieve the best value for money the government procurement activities. 2018-04-11 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/64485/1/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL.pdf application/pdf en http://irep.iium.edu.my/64485/2/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL%20-%20paper.pdf Abdul Rahman, Nasarudin and Wan Zahari, Wan Mohd Zulhafiz and Ahamat, Haniff and Abd Ghadas, Zuhairah Ariff (2018) Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia. In: 7th International Conference on Law And Society (ICLAS 7), 11th-13th April 2018, Kota Kinabalu, Sabah. (Unpublished) https://iclas2018.org/parallel-sessions/
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic K Law (General)
spellingShingle K Law (General)
Abdul Rahman, Nasarudin
Wan Zahari, Wan Mohd Zulhafiz
Ahamat, Haniff
Abd Ghadas, Zuhairah Ariff
Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
description It is widely accepted that the main objective of government procurement is to maximize economic efficiency, namely, the selection of the lowest possible bid and the achievement of the best value for money. The government or its agencies are responsible to ensure that the purchasing activities will benefit the public as most of these activities are funded from taxpayers’ money. However, in some countries government procurement policy also pursues broader socio-economic objectives such as promoting equity, the growth of small and medium enterprises, the development of local industries etc. The paper aims to study the government procurement regime in two different jurisdictions, namely Malaysia and South Africa. The main focus of the study is to explore the extent to which the government procurement in these two countries is used as a vehicle to promote socio-economic policy that is to address past economic imbalances. This paper argues inter alia that the use of government procurement as a social tool should be accompanied with measures that are targeted, measurable and able to monitor for compliance. Those measures should also be implemented in a transparent and competitive manner in order to reach the ultimate objective, that is, the to achieve the best value for money the government procurement activities.
format Conference or Workshop Item
author Abdul Rahman, Nasarudin
Wan Zahari, Wan Mohd Zulhafiz
Ahamat, Haniff
Abd Ghadas, Zuhairah Ariff
author_facet Abdul Rahman, Nasarudin
Wan Zahari, Wan Mohd Zulhafiz
Ahamat, Haniff
Abd Ghadas, Zuhairah Ariff
author_sort Abdul Rahman, Nasarudin
title Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
title_short Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
title_full Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
title_fullStr Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
title_full_unstemmed Promoting socio-economic goal through government procurement: the case of South Africa and Malaysia
title_sort promoting socio-economic goal through government procurement: the case of south africa and malaysia
publishDate 2018
url http://irep.iium.edu.my/64485/1/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL.pdf
http://irep.iium.edu.my/64485/2/64485_PROMOTING%20SOCIO-ECONOMIC%20GOAL%20-%20paper.pdf
http://irep.iium.edu.my/64485/
https://iclas2018.org/parallel-sessions/
_version_ 1643617874689916928
score 13.211869

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