Assessing the World Bank’s Proposed Revision of Its Procurement Guidelines

6 Pages Posted: 28 May 2010 Last revised: 13 Jul 2010

See all articles by Eli Whitney Debevoise

Eli Whitney Debevoise

affiliation not provided to SSRN

Christopher R. Yukins

George Washington University - Law School

Date Written: May 26, 2010

Abstract

The World Bank Group, which commits tens of billions of dollars to funding projects in the developing world every year, is revising its procurement guidelines. The Bank’s procurement guidelines are intended to ensure that procurements on Bank-financed projects are carried out efficiently and without corruption. As a practical matter, because of the billions of dollars in projects supported by the Bank’s financing, the Bank’s guidelines help shape procurement practices across the developing world, and their revision marks an important opportunity to improve procurement practices worldwide. In this article, the authors recommend changes to the guidelines to improve procurement, and reduce the potential for corruption, in projects funded by the World Bank.

Keywords: procurement, World Bank, corruption, international development, international financing, procurement guidelines, guideline revisions

JEL Classification: A13, D73, D92, F33, F34, F35, F42, G18, H57, K12, K33

Suggested Citation

Debevoise, Eli Whitney and Yukins, Christopher R., Assessing the World Bank’s Proposed Revision of Its Procurement Guidelines (May 26, 2010). The Government Contractor, Vol. 52, No. 21, May 2010; GWU Legal Studies Research Paper No. 507; GWU Law School Public Law Research Paper No. 507. Available at SSRN: https://ssrn.com/abstract=1616763

Eli Whitney Debevoise (Contact Author)

affiliation not provided to SSRN ( email )

Christopher R. Yukins

George Washington University - Law School ( email )

2000 H Street, N.W.
Washington, DC 20052
United States
202-994-9992 (Phone)

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