Page 23 - Azerbaijan State University of Economics

Philipp Kunz, Richard Pospíšil, Ondřej Kročil: Economic Benefits of The Sustainable Public
Procurement Law

regions from which they have been obtained. In the attempt to come to the most
relevant and accurate conclusion, the findings from the qualitative and quantitative
approaches are subjected to further research. In other words, the reliability of the
works of the authors are analysed in-depth by the use of other sources before a
conclusion is made. Also, personal opinions are taken into account for inconclusive
results.

3. Research and Findings

The findings of this study are the based on the research objectives and the research
questions. In fact, they are the answers considered to address the study questions
appropriately and satisfactorily. First of all, there are numerous economic benefits of
implementing public procurement laws some of which are as follows. To start with,
sustainable public procurement (SPP) helps organisations, households, and
governments to achieve Value for Money (VFM) for the services, works, and goods
purchased. Also, it assists in public financial management (Sarfo and Baah-Mintah,
2014). It saves money by reducing wastage that occurs from poor governance and
corruption. Also, SPP sustains economic development. Precisely, it ensures the
growth of organisational units. As a consequence, the respective economy also
grows. Further, SPP improves moral behaviour among procurement officers,
contractors, suppliers, as well as the general public. Some of the main unethical
behaviour in public procurement include bribery, coercion, favouritism, illegal
sourcing, extortion, and travel of influence (O’Byrne, 2015). Through SPP, these
groups of individuals learn to engage in lawful and ethical acts. More so, SPP plays
a vital role in environmental protection by reducing waste generation and harmful
gas emissions. As a result, it improves the quality of water and air. Moreover,
through SPP many companies have become internationally competitive. Besides, it
improves the living standards of people by increasing the wealth and health of the
society. Working conditions have also improved due to SPP. Workers are healthy
safe and have access to high labour standards. Labour agitation has also declined.
Furthermore, SPP has improved the conditions of the disadvantaged groups (Wleh,
2015). In this context, the disadvantages groups refer to the youth, women, and
persons living with a disability (PLWD). Additionally, SPP accelerates the
achievement of Millennium Development Goals and focuses on creating a better
society (Adjei, n.d.). Overall, SPP promotes good governance within organisational
units. It assists governments and other corporate groups in optimising resources to
improve delivery of services, works, and goods/products. Notably, all these benefits
come as part and parcel of public procurement roles, that is, national economic
contribution, enhancement of leadership among government officials, provision of

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