Procurement - Global Business and Finance Magazine

Europe should innovate on defence, play it safe on debt

GLOBAL BUSINESS AND FINANCE MAGAZINE
July 16, 2025
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Strengthening existing safe assets should be a strategic priority for any new joint borrowing. Europe’s looming defence spending needs will put new demands on public policy and the public purse. To meet these demands, European Union member states and regional allies will need to work together for collective security. As new ways of building and […]

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How to manage the economic trade-offs of public procurement policies in developing economies

GLOBAL BUSINESS AND FINANCE MAGAZINE
May 20, 2025
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Government procurement—the process in which public entities buy goods and services from private companies—represents between 5% and 20% of a country’s GDP, depending on the country. Public procurement policies allow governments to strategically support certain firms and sectors, for example, small businesses or eco-friendly products. In using public procurement systems, policymakers must navigate a trade-off: […]