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/ http://irep.iium.edu.my/64485/ 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

id	iium-64485
recordtype	eprints
spelling	iium-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/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
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/ http://irep.iium.edu.my/64485/ 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
first_indexed	2023-09-18T21:31:30Z
last_indexed	2023-09-18T21:31:30Z
_version_	1777412541796843520

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

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