Lidia S. Plekhanova Regulated Procurement as an Instrument of Economic Policy

DOI: 10.38050/2078-3809-2024-16-3-21-34

Abstract

The paper is devoted to using the procurement regulated procurement as the instrument of the economic policy structural component. The paper emphasizes that public procurement sector, traditionally being a component of macroeconomic policy, also has the potential to solve many problems within the framework of structurally determined development of the national economy. Based on an analysis of policy documents at both the national and international levels, economic policy programs that are actively and successfully implemented in world practice through public sector procurement are highlighted. Special attention is paid to the mechanisms used to stimulate innovation activity through the procurement system, and some problematic aspects of this area in Russian practice are highlighted.

Keywords: government procurement, regulated procurement, sustainable procurement, economic policy.

JEL: D04, D02, G38.

For citation: Plekhanova, L.S. (2024) Regulated Procurement as an Instrument of Economic Policy. Scientific Research of Faculty of Economics. Electronic Journal, vol. 16, no. 3, pp. 21-34. DOI: 10.38050/2078-3809-2024-16-3-21-34.

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