Daily Archives: February 8, 2015

Innovation in procurement: why and how | Governance for Development – The World Bank

February 8, 2015 By in Accountability, Austerity, Business Administration, David Cameron, Defense Policy, Democracy, Education, Energy Policy, Euro Crisis, Fiscal Policy, George Osborne, Growth, Healthcare, NHS, Outsourcing, People, Politicians, Politics, Public Sector, Public Services Reform, Reform, Shared Services Tags: , , , , , , , , , 1 Comment

Embed from Getty Images


Embed from Getty Images

This is an important article by the World Bank. It’s a good read. Check it out!

via Innovation in procurement: why and how | Governance for Development.

Whilst the article is targeted at the developing world, it is equally valid to the likes of the UK and Southern Europe. Poor purchasing practices often go hand in hand with cronyism and corruption. Critically, world class procurement saves money and provides an alternative austerity.

Sadly, much of the inefficiency in procurement in Europe results from EU bureaucracy. Voters should be asking:

Why are governments and the EU insisting on best-practice procurement, rather than promoting bureaucracy?

Thoughts?

A Greek Morality Tale by Joseph E. Stiglitz – Project Syndicate

February 8, 2015 By in Austerity, Business Administration, Democracy, Euro Crisis, Fiscal Policy, Growth, Keynesian, Monetary Policy, Neoliberal, People, Politics, Public Services Reform Tags: , , , , , , , , , 1 Comment

Embed from Getty Images

This is an outstanding, must-read article from Nobel prize winning economist, Joseph Stiglitz, published by Project Syndicate.

via A Greek Morality Tale by Joseph E. Stiglitz – Project Syndicate.

This is an easy to read analysis that clearly blames the troika for Greece‘s current financial crisis.

Interesting, Stiglitz argues for reform of the Eurozone itself, rather than structural reform in Southern European countries, like Greece etc. This is very different to the official view coming from Germany.

Thoughts?