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The Public Procurement System in the EU and Approaches to an Assessment of Its Efficiency

Author

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  • Pavel G. Kradinov

    (Financial Research Institute, Moscow 127006, Russia)

Abstract

The main way of increase of the budget expenditures efficiency in the Russian Federation - improvement of the procurement system. Legislation of the EU countries developed over a long time, and now can serve as one example of good practice. The article reviews the legal basis of public procurement and development of legal base of EU procurement. The article describes the approaches to an assessment of the public procurement system efficiency in the EU.

Suggested Citation

  • Pavel G. Kradinov, 2013. "The Public Procurement System in the EU and Approaches to an Assessment of Its Efficiency," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 37-46, September.
  • Handle: RePEc:fru:finjrn:130304:p:37-46
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