Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)


Public Procurement Regulation: Increasing Developing Integration in Asean

Author(s): Siwarut Laikram, Shubham Pathak

The efforts and accession to public procurement agreement will be more secure and enhance higher value for spending budget of developing countries. The correlation among developing countries in Association of Southeast Asian Nations (ASEAN) is difficult to contemplate due to the trade discrimination of the General Agreement on Tariffs and Trade (GATT) which eliminate the foreign tender. Therefore, effective policy implementation will put forward the growth of transparency, competitiveness and accountable government procurement systems that may encourage Government Procurement Agreement’s (GPA’s) accession of developing countries. The methodology adopted involves the Matrice d'impacts croisés multiplication appliquée á UN classment (MICMAC) methodology with the factors selected through the Interpretive Structural Modeling (ISM), excerpts from experts, literature review and Fuzzy Delphi Method (FDM). To analyse advantages and challenges effectively, a competitive approach and socio-legal methodology is adopted to analyse trade and policy implications along with the GPA. Also, concluding with the limited hope that the accession to GPA in developing countries will be a hard lesson for ASEAN market accesses.

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