Public procurement in the system of regulation of the economy

In this paper the author studies procurement as government policy toll, which can be used to stimulate the development of industrial enterprises, scientific and technical progress and innovations. Today neoclassical approach to government role in the economy is dominated. It pays insufficient attention to the cooperation of economic actors.There is a need for tools of government regulation of the economy of new quality because of the crisis in the global economy. These tools should be based on cooperation and complementarity between the public and private sectors.In the modern complex social and economic systems creation of the public goods is carried out by the private sector on public sector's order. Government pays budget funds for this goods and this activity is based on public procurement system. The author supposes that procurement has large field of using as policy tool in such spheres as social politics, politics of price regulation and industrial and innovation politics.The main benefit of procurement as policy toll is its specific nature, which combine two basics: government and market. This fact is based on government's dual-role in economy. On the one hand government is the usual market actor, buying goods and services with market prices. It is a classic "good-money-good" exchange, based on market rules. On another hand government is the regulator with specific goals, realized by public procurement system. Besides the fact that object of public procurement is public good, government is realizing number of "side" functions. For example, the supporting of small businesses, social groups, economy industry, local suppliers. Thus procurement is dual-nature institute, combining market and government features.Procurement uses market channels to manage some spheres of economy. Procurement - is perspective policy tool, which based on government and market basics complementarily.

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