๐ชช : DOI: 10.5281/zenodo.17043188
๐ : Nexus Global Research Journal of Multidisciplinary (NGRJM) Vol-1, Issue- 2 (Aug 2025)ย (Page : 76 – 108)
ABSTRACT:
Public procurement is a significant component of government expenditure in developing economies, often accounting for 15- 20 percent of the GDP. However, these systems have been identified as corrupt, ineffective in resource utilisation, and lacking in transparency. This paper critically examines the reform initiatives implemented in various countries to examine the impact of public procurement reforms on the transparency levels of developing economies. The study is qualitative in nature, as it employs secondary data, including government reports, publications by international organisations, and academic literature, to assess the results of reforms. The study demonstrates that, despite the positive results of procurement reforms in terms of transparency, the challenges of implementation continue to be significant impediments to the generation of the best outcomes. Effective reforms are contingent upon the political will, institutional capacity, and engagement of a variety of stakeholders, among other critical insights. The study has determined that countries with robust legal systems and governance systems exhibit higher transparency scores than those with weak institutional systems. Moreover, the integration of digital technologies into procurement processes has become a critical issue in the pursuit of transparency and the reduction of corruption. The study concludes that the transition to sustainable procurement necessitates the involvement of all stakeholders, and this should entail systemic and operational challenges in order to achieve long-term results, particularly through the development of local capabilities.
Keywords: Transparency, Procurement Reforms, Public Procurement, Developing Economies.