IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT
Public procurement plays an important role in shaping GDP and it acts as a catalyst for the economy and business as a whole. The role of public procurement is especially growing during crises. The current situation around the world does not meet reliable expectations, therefore, in such a case, the...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Kutaisi University
2020-12-01
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| Series: | ეკონომიკური პროფილი |
| Subjects: | |
| Online Access: | http://economicprofile.org/article/1272 |
| _version_ | 1818670591091146752 |
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| author | Abuselidze Giorgi Beridze Lasha |
| author_facet | Abuselidze Giorgi Beridze Lasha |
| author_sort | Abuselidze Giorgi |
| collection | DOAJ |
| description | Public procurement plays an important role in shaping GDP and it acts as a catalyst for the economy and business as a whole. The role of public procurement is especially growing during crises. The current situation around the world does not meet reliable expectations, therefore, in such a case, the business stops the movement of capital within the increased risk, both locally and internationally. At the same time, ensuring the transparency of public procurement and adapting to international standards is of particular importance for Georgia on the path to European integration. The effectiveness of public procurement is assessed by various factors, at the present stage, mainly economically efficient public procurement is distinguished, as well as procurements focused on innovation and care for the environment |
| first_indexed | 2024-12-17T07:10:32Z |
| format | Article |
| id | doaj.art-c4250b61ad7a4027a4e7af6c2e46e675 |
| institution | Directory Open Access Journal |
| issn | 1512-3901 2587-5310 |
| language | English |
| last_indexed | 2024-12-17T07:10:32Z |
| publishDate | 2020-12-01 |
| publisher | Kutaisi University |
| record_format | Article |
| series | ეკონომიკური პროფილი |
| spelling | doaj.art-c4250b61ad7a4027a4e7af6c2e46e6752022-12-21T21:59:03ZengKutaisi Universityეკონომიკური პროფილი1512-39012587-53102020-12-01151 (20)819210.52244/ep.2020.20.09IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENTAbuselidze Giorgi0Beridze Lasha1Batumi Shota Rustaveli State UniversitySt. Tbel Abuseridze UniversityPublic procurement plays an important role in shaping GDP and it acts as a catalyst for the economy and business as a whole. The role of public procurement is especially growing during crises. The current situation around the world does not meet reliable expectations, therefore, in such a case, the business stops the movement of capital within the increased risk, both locally and internationally. At the same time, ensuring the transparency of public procurement and adapting to international standards is of particular importance for Georgia on the path to European integration. The effectiveness of public procurement is assessed by various factors, at the present stage, mainly economically efficient public procurement is distinguished, as well as procurements focused on innovation and care for the environmenthttp://economicprofile.org/article/1272public procurementelectronic tenderinnovation |
| spellingShingle | Abuselidze Giorgi Beridze Lasha IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT ეკონომიკური პროფილი public procurement electronic tender innovation |
| title | IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT |
| title_full | IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT |
| title_fullStr | IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT |
| title_full_unstemmed | IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT |
| title_short | IMPACT OF PUBLIC PROCUREMENT ON STIMULATING BUSINESS ACTIVITIES AND ECONOMIC DEVELOPMENT |
| title_sort | impact of public procurement on stimulating business activities and economic development |
| topic | public procurement electronic tender innovation |
| url | http://economicprofile.org/article/1272 |
| work_keys_str_mv | AT abuselidzegiorgi impactofpublicprocurementonstimulatingbusinessactivitiesandeconomicdevelopment AT beridzelasha impactofpublicprocurementonstimulatingbusinessactivitiesandeconomicdevelopment |