
Baltic Journal of Economic Studies, Journal Year: 2024, Volume and Issue: 10(5), P. 254 - 265
Published: Dec. 30, 2024
The subject of the article is digitisation legal algorithms as a means preventing corruption in public procurement. research methodology employed range methods including formal and dialectical logic, systemic, statistical, comparative law, hermeneutic axiological analysis. purpose to reveal absence confidence authorities' effective utilisation budgetary funds engenders inherent justifications for entrepreneurs, their employees, other members conceal resources from irresponsible or negligent officials, particularly context cryptocurrency assets. It was found that issue procurement part wider problem satisfying improper motives officials. patterns indicate countries with high levels internal corruption, digital and/or paper formalised practices emphasise efficiency fiscal policy rather than This explains inertia neglect strengthening existing mechanisms creating new ones combat practical inactivity this area reflected number criminal cases related misappropriation funds. emphasised entity responsible oversight integrity legality all participants, complainant, must possess capacity gather evidence such cases. In order accomplish this, said requires full access necessary data registries relevant sources. At present, only feasible within framework proceedings judicial processes. therefore advisable make complaint procedures nature, allowing parties try independently. Given globalisation information space, investment, financial, trade logistics markets, threat financing terrorism, war crimes through control virtual assets cyberspace. determined nature complaints defined by interest. value importance type interest lie its connection finances – have already been accumulated result successive links prior efforts: labour participation, administration entrepreneurship infrastructure, taxation, budget fund management. consolidation national efforts, embodied funds, possesses absolute liquidity, rendering it primary target misappropriation, illicit channels. submitted employment contemporary instruments which ensure compliance, neutralising any dishonest misappropriating
Language: Английский