| Publication |
2010.
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| Summary/Abstract |
Transparency in public procurement bears an immediate cost both for
government and bidders. However, it is a key element to support fundamental
principles of the public procurement system, especially competition and
integrity. The drive for transparency must therefore be tempered by making
transparent what sufficiently enables corruption control. If the level of
transparency is adequately defined, the benefits will outweigh the cost,
especially when comparing the initial cost of transparency with the potential
negative consequences of corruption.
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