(P20) Regulation in Public Resource Trade: A Holistic Theoretical Framework
Wenjuan Ma, Ph.D Candidate, School of Public Administration and Policy, Renmin University of China
Governance theory is a kind of public administration theory that emerged in the 1990s. It can provide some theoretical guidance for public managers to solve complex social problems. Holistic governance emphasizes corporation in different departments and is tends to form a new holistic approach to tackle problems. Although China’s public procurement is moving decentralization to integration, there are a high degree of departments fragmentations in public resource trades. This paper aims to provide a holistic theoretical framework, then create some new solutions in regulation fragments. It seeks to identity why the boundaries of laws and policies exist and how many cross responsibilities among different regulate departments in public resource trade. One of the grand challenges for different regulation departments is to distinguish their own rights and responsibilities because of many vague rules from every law. This paper suggests that regulatory developments in area of holistic governance have taken a substantial new direction. The regulate activities in public resource trade can be solved by using a holistic method such as electronic supervision with whole process, strengthening coordination between horizontal and vertical regulation departments.