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SOPE WILLIAMS-ELEGBE I. INTRODUCTION The World Bank is a development finance institution established by virtue of the Bretton Woods agreement to provide reconstruction aid to the countries devastated by World War II.1 The success of the Bank in doing this meant that it soon refocused its objectives to provide development finance to developing countries.2 In the aftermath of the `corruption eruption'3 in the mid-1990s, the Bank decided to take a primary stance in the fight against corruption.4 One of the ways in which the Bank drives its anti-corruption agenda is by steering public procurement reform in developing countries5 with the aim of reducing corruption in public procurement in those countries. Although there is information on the reasons for procurement reform in developing countries and the kind of reforms that should be undertaken, such as legal reforms (e.g., new legislation based on the UNCITRAL Model Law) and institutional reform (creation of a procurement compliance unit, creation of an Research Fellow, Department of Public Law, Faculty of Law, University of Stellenbosch, South Africa; Visiting Scholar, University of Lagos, Nigeria; Head of Research, Nigerian Economic Summit Group, Lagos. Former Lecturer in Law, School of Law, University of Nottingham. I am grateful
African Journal of International and Comparative Law – Edinburgh University Press
Published: Feb 1, 2013
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