Aid and competition in procurement aucti
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Atsushi Iimi
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Article
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2007
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John Wiley and Sons
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English
β 258 KB
## Abstract Auctions have been recognised as an important tool for improving economic efficiency. Aidβrelated procurement systems are no exception to this. Strengthening competition at procurement auctions lowers contract prices and mitigates the heavy indebtedness of developing countries. Auctions